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Sierra Shear

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About Sierra Shear

Sierra Shear is a senior associate with Alston & Bird’s Securities Litigation Group and focuses her practice on securities litigation and enforcement matters, representing public companies, financial institutions, and their officers and directors in complex individual and class action cases.

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Recent Updates in Two Closely-Watched Cybersecurity and Privacy-Related Securities Fraud Class Actions

April 4, 2022 By Oyinkan Muraina, Sierra Shear and Cara Peterman

Observers have been awaiting decisions in a number of cybersecurity and privacy securities fraud class actions with potentially important implications for corporate liability.  Over the last several weeks, critical developments emerged in two such cases: the defendants’ motion to dismiss was granted in part and denied in part in In re Zoom Securities Litigation, and […]

Filed Under: Cyber Risk, Cybersecurity, Data Breach, Data Breach Litigation, Data Protection, Data Security, Online Privacy

California Federal Court Dismisses Data Security-Related Securities Fraud Class Action

October 1, 2021 By Sierra Shear, Cara Peterman and Madeleine Juszynski

A California federal court has dismissed a putative securities fraud class action alleging that a large title insurer that disclosed a data security incident in May 2019 made false and misleading statements related to its data security practices and the incident.  The dismissal follows the June 2021 settlement of a related Securities & Exchange Commission […]

Filed Under: California, Cyber Risk, Cybersecurity, Data Breach, Data Breach Litigation, NYDFS, Privacy Litigation, Security Breach

Securities Class Actions Filed Against Three Chinese Tech Titans After Announcement of Cyber-Related Investigations

July 27, 2021 By Sierra Shear and Cara Peterman

In early July, investigations by a Chinese cybersecurity regulatory agency, the Cyberspace Administration of China (“CAC”), into at least three China-based technology companies—DiDi Global Inc. (“DiDi”), Full Truck Alliance Co. Ltd. (“FTA”), and Kanzhun Limited (“Kanzhun”)—were purportedly revealed weeks after each conducted a substantial initial public offering (“IPO”) on a United States stock exchange. These […]

Filed Under: China, Cyber Risk, Cybercrime, Cybersecurity, Data Breach Litigation, Data Security, International, National Security, Regulation

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Recent Posts

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