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Legal Analysis of Chris Collins’ 26 Month Sentence in Insider Trading Case

Attorney Barry Covert was in WGRZ’s studio to provide legal analysis as news broke on the sentencing of former Congressman Chris Collins for insider trading.

Chris Collins was first indicted on a series of insider trading charges in August 2018. After claiming his innocence for over a year, Collins plead guilty to charges in October 2019. On Friday, January 17th, a judge in a Manhattan court room sentence Chris Collins to 26 months in prison.

WGRZ 2 On Your Side had live coverage of the sentencing, which included legal analysis by Barry Covert. Continue reading this post for Barry Covert’s comments and click on the videos below to watch the full report, which includes the interview with Barry Covert.

Preparing Your Business to Comply With New York State’s SHIELD Act

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As we begin a new year, organizations should continue to be prepared to address challenges arising from the ongoing proliferation of cybersecurity threats that wreak havoc on businesses and customers. In response to an increase in cybersecurity incidents, a number of state and federal laws have been passed, including New York State’s recently enacted “The Stop Hacks and Improve Electronic Data Security Act,” commonly referred to as the “SHIELD Act”.

The SHIELD Act’s provisions are not effective until March 21st of this year. This means, organizations still have time to review their existing practices and cybersecurity policies to minimize exposure to data breaches and to ensure compliance with applicable laws, including the SHIELD Act.

This communication is intended to summarize the material provisions of the SHIELD Act (and other relevant cybersecurity laws that may impact you) and to assist you in determining whether you need to comply with the new law. We have also proposed certain best practices that can be implemented to minimize the likelihood of a cybersecurity incident and to ensure compliance with relevant cybersecurity laws.

What is the SHIELD Act?

The SHIELD Act imposes requirements that are aimed to reduce the likelihood of data breaches by requiring certain individuals, businesses and organizations to adopt preventative cybersecurity programs.

Any individual, business or organization (including non-profit organizations) that owns or licenses computerized data which receive, collect, or maintain “private information” of New York residents must comply with the law. In practice, this means every employer in New York must comply with the SHIELD Act, as in all likelihood the employer will possess, at a minimum, “private information” relating to its employees.

Legal Analysis on Status of Maserati Car Crash Investigation

WGRZ 2 On Your Side recently aired a report in response to outcry in the community regarding the status of an investigation involving a fatal car crash that occurred approximately two months ago.

In October, a Toyota was struck by a Maserati on Seneca Street in South Buffalo. Two passengers in the Toyota died as a result of the crash. WGRZ reports that they have heard from many in the community who want to know why charges have not been filed in the crash and why authorities have not revealed the identity of the driver of the Maserati involved in the crash.

In response to these questions, WGRZ interviewed Erie County District Attorney John Flynn for an update on the case.  Attorney Barry Covert was also interviewed to provide legal analysis for the report.