Law firm Holland & Knight is accused of failing to investigate after an impostor intercepted their emails regarding a stock sale, posed as the seller, and instructed the law firm to wire $3.1 million to their accounts. The firm sent an email addressed to the stock sellers seeking to verify the new account. But it was intercepted and never received by the sellers, the suit says.
Read more: https://www.abajournal.com/news/article/biglaw-firm-sued-over-wire-transfer-to-fraudsters-account
Evidence found on a mobile device is recovered and admitted in many types of law cases these days. Text messages can often answer what and when questions for lawyers. They have become the most popular form of mobile evidence used today. Read more about mobile defense evidence here: https://minnlawyer.com/2020/02/24/exemplary-evidence-mobile-device-evidence-is-exemplary-evidence/
Despite the often informality of text messaging, many business agreements are made this way. Often times these are agreements are legally binding and can have legal significance. Read this article to learn learn how to protect yourself and what some state laws require: https://www.ctpost.com/business/article/MARKET-MATTERS-Doing-business-by-text-message-15033067.php