
E-commerce platform Shopify Inc (NYSE: SHOP) has been named in a class-action lawsuit for allegedly failing to safeguard consumer information in a 2020 data breach impacting Ledger cryptocurrency wallets.
What Happened: According to a complaint filed in the U.S. District Court of Delaware on April 1, plaintiffs are seeking damages against Shopify and its third-party consultant TaskUs for its negligence in the data breach.