Analysis of Theories of Economic Injury Alleged in Data Security Matter

An Edgeworth Economics team, led by Mr. Mike Kheyfets, was retained by Belden Inc. in a matter brought by a proposed class of employees in a class action against Belden alleging claims of injury in a data security incident. Mr. Kheyfets analyzed several theories of economic injury alleged by Plaintiffs, including out-of-pocket expenses, time spent mitigating the effects of the cyberattack, and lost value of information. He also filed an expert report and provided testimony on economic issues relating to class certification and damages.