Blackbaud (BLKB) just unveiled an announcement.
Blackbaud, Inc. is embroiled in a class action lawsuit due to a 2020 data breach. A court recently denied the plaintiffs’ request for class certification, excluded their expert testimony on ascertainability, and upheld the company’s expert testimony. All other motions were rendered moot. While the case could still be appealed, it continues to be active. For more information, Blackbaud’s latest financial reports provide further details on the matter.
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