Technology

McCune Law Group Alleges TikTok Retaliated Against Employee for Exposing Criminal Fraud in Landmark Whistleblower Case

Published

3 hours ago

October 14, 2024

ONTARIO, Calif., Oct. 14, 2024 /PRNewswire/ — On October 8, 2024, McCune Law Group (MLG), a leading consumer rights firm specializing in Employment Law, Whistleblower Retaliation, and Class Action Litigation filed a complaint in the Superior Court of Santa Clara County on behalf of a plaintiff who alleges that TikTok Inc. wrongfully terminated his employment when he exposed internal practices which have allowed data security violations, fraudulent transactions, and terrorist activity to flourish across the platform.

The lawsuit alleges that in May of 2023, the plaintiff was hired by TikTok as a Fraud Strategy Expert. Within his first six months at the company as a Fraud Strategy Expert employee, he had discovered multiple instances of fraudulent activity affecting the platform’s users. One significant attack involved the exchange of as much as $1,000,000 in fraudulent transactions. Upon reporting this activity, however, the Fraud Strategy expert employee was instructed only to pursue cases which posed a direct financial threat to TikTok itself.

The lawsuit goes on to allege that on October 7, 2023, Hamas’ attack on Israel saw a significant spike in fraudulent activity on TikTok. The Fraud Strategy expert employee’s investigations identified several accounts which were likely connected to and collecting funds for Hamas’ terrorist activities. Despite the serious implications of this discovery, TikTok’s response was limited; in one instance, the company even chose to expand rather than curtail a practice the Fraud Strategy Expert employee had identified as vulnerable to criminal exploitation. As the Fraud Strategy Expert employee continued to report accounts affiliated with Hamas’ network and bring to light weaknesses in TikTok’s fraud detection processes, he was marginalized, ignored, and subjected to unwarranted scrutiny rather than supported. Following an early July instance in which the Fraud Strategy Expert employee expressed concern that U.S. users’ private data was being made accessible to parent company ByteDance’s international employees – a clear violation of U.S. data sharing policies – he was placed on a mandatory Performance Improvement Plan (PIP) and threatened with termination if he did not accept. On July 29, 2024, TikTok’s retaliatory actions reached their peak when the Security Fraud Expert employee was terminated without just cause.

McCune Law Group’s lawsuit alleges that the Fraud Strategy Expert Employee was wrongfully terminated for exposing practices which TikTok may have had a vested interest in concealing. “This case exposes a concerning pattern of behavior at TikTok, from the appearance of their actions, it seems that profits were placed above stopping fraud and other criminal activity on its platform,” says lead MLG attorney Richard McCune. Gavin Kassel, the lead employment attorney on the case, also stated that “As the lawsuit alleges, our client was retaliated against for simply doing his job—raising red flags about fraudulent activities and security violations that the company chose to ignore. We intend to hold TikTok accountable for its unlawful practices.”

MLG encourages anyone with relevant information or individuals who have experienced similar action from their employers to come forward. The firm is dedicated to defending workers’ rights, protecting consumers, and demanding accountability from even the most bullish corporations.

To obtain comments regarding this case matter, contact McCune Law Group’s Public Relations department at jrb@mccunewright.com

About McCune Law Group: MLG has supported consumer rights and fights for justice for more than 30 years. With offices throughout Southern California in Ontario, Redlands, Irvine, Rancho Mirage, and Lafayette in Northern California, MLG has proudly risen to prominence as one of the largest and most successful consumer advocacy law firms in the region. MLG also boasts a national presence and specializes in practice areas ranging from product liability and personal injury to employment law and financial services. MLG’s long history of success has resulted in more than $1 billion recovered for clients and an unbeatable team of inventive, innovative, and experienced attorneys. Visit mccunewright.com to learn more.

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SOURCE McCune Law Group, McCune Wright Arevalo Vercoski Kusel Weck Brandt, APC

Technology

Nelnet to Announce Third Quarter Results

Published

47 mins ago

October 14, 2024

LINCOLN, Neb., Oct. 14, 2024 /PRNewswire/ — Nelnet, Inc. (NYSE: NNI) today announced it will release earnings for the third quarter ended September 30, 2024, after the close of the New York Stock Exchange on Thursday, November 7, 2024. Upon release, additional earnings information will be available at www.nelnetinvestors.com.

Learn more about Nelnet at www.nelnetinc.com.

View original content:https://www.prnewswire.com/news-releases/nelnet-to-announce-third-quarter-results-302275558.html

SOURCE Nelnet, Inc.

Technology

Modine Announces New Chief Information Officer

Published

47 mins ago

October 14, 2024

RACINE, Wis., Oct. 14, 2024 /PRNewswire/ — Modine (NYSE: MOD), a diversified global leader in thermal management technology and solutions, is pleased to announce that Dan Hedstrom has joined Modine as Chief Information Officer (CIO) effective today. He takes over from Steve Langer, current Vice President Information Technology, who has announced his plans to retire at the end of this year.

As CIO, Hedstrom will have responsibility for leading Modine’s global IT function and executing Modine’s digital strategy. He will focus on building business-aligned IT solutions that optimize performance, enhance productivity, and improve cyber security in alignment with overall corporate strategy.

Hedstrom comes to Modine from Cubic Corporation where he worked for 12 years in roles of increasing responsibility. In 2018, he was named Vice President and Chief Information Officer. Prior to that, he held senior roles leading enterprise infrastructure teams and has experience scaling IT systems to support growth. He has a bachelor’s degree in Computer Engineering from California Polytechnic State University.

“Dan’s strong track record as a technology leader will be an asset to Modine as we continue to execute on our global business strategies. We are pleased to welcome him to the team,” said Mick Lucareli, Executive Vice President and Chief Financial Officer. “I also would like to thank Steve Langer for his seven years of service at Modine and wish him well in retirement.”

About Modine
At Modine, we are Engineering a Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.

Media Contact: pr@modine.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/modine-announces-new-chief-information-officer-302274271.html

SOURCE Modine

Technology

Leading Creative Experience Agency DCG ONE Announces Acquisition of Cirangle Design

Published

47 mins ago

October 14, 2024

New acquisition will further expand DCG ONE’s direct marketing capabilities and provide incremental DM design support for its collective client base.

SEATTLE, Oct. 14, 2024 /PRNewswire/ — DCG ONE, one of the largest privately owned creative experience agencies and marketing services providers in the country is pleased to announce the acquisition of Cirangle Design. This strategic acquisition aligns with DCG ONE’s ongoing commitment to delivering exceptional direct marketing solutions for a wide range of DCG ONE enterprise clients.

Cirangle Design, a boutique direct marketing agency based in New Jersey, has a long track record of success with 20+ years developing an expertise and niche in the direct marketing design space, becoming an anchor DM agency for clients such as American Express.

“This acquisition opportunity allows us to expand our capabilities while maintaining the high standards of excellence our clients have come to expect from DCG ONE,” said Ben Allen, EVP and Managing Director at DCG ONE. “We are thrilled to integrate Cirangle Design’s expertise and high caliber work into our operations as we see continued growth within the direct mail vertical.”

This acquisition not only introduces a significant new body of work but also opens doors to other direct marketing clients looking for a more comprehensive solution to delivering successful campaigns. It represents a substantial opportunity for growth and strengthens DCG ONE’s position as a turnkey direct marketing partner – from initial creative concepts to print/mail execution and corresponding digital touchpoints.

Media Inquiries: Please contact: Kelcie Brewer // Kelcie.brewer@dcgone.com

About DCG ONE

Based in Seattle WA, DCG ONE has grown to become one of the largest privately held marketing services providers in the country. With locations in Seattle, Washington D.C. and New York City, DCG ONE services a variety of Fortune 500 companies and provides world-class marketing, technology, and business solutions, incorporating core competencies of print production to integrated fulfillment and data services to a full-service creative agency division.

View original content to download multimedia:https://www.prnewswire.com/news-releases/leading-creative-experience-agency-dcg-one-announces-acquisition-of-cirangle-design-302275616.html

SOURCE DCG ONE