Mediant Communications Beats Data Breach Claims in California

Mediant Communications Inc. won dismissal of a proposed class action stemming from a data breach that allegedly exposed the personal information of thousands of shareholders, after the Northern District of California found it lacks jurisdiction over the company.

Companies and mutual funds retain Mediant to distribute materials to shareholders, coordinate shareholder votes, and tabulate voting results, entrusting it with sensitive shareholder information, the complaint alleged.

Hackers obtained unauthorized access to Mediant’s business email accounts and the personal information of its customers’ investors, compromising the plaintiffs’ personal information in the process, the plaintiffs alleged.

The shareholders failed to show that the ...