Akerman LLP, a top 100 U.S. law firm serving clients across the Americas, today announced the addition of partner Lori Nugent to the firm’s national Consumer Financial Services Practice Group. Joining from Greenberg Traurig, she will serve as co-chair of Akerman’s Privacy, Cybersecurity and Emerging Technologies Team and will reside in Akerman’s Dallas office.
“Data breach incidents in the United States and abroad are happening at a record pace and the financial services sector has been disproportionately affected,” said William Heller, chair of the Consumer Financial Services Practice Group. “Lori is a renowned veteran in the data security and cyber liability space with an impressive track record as lead counsel in highly complex matters. She is a strong addition to our compliance, enforcement and litigation practice, reflecting our commitment to helping clients address their most pressing business challenges.”
With a practice focused on cybersecurity and privacy, Nugent has served as lead counsel responding to and defending more than 1,000 data breaches, ransomware situations, and privacy-related matters in a wide variety of market sectors—including financial institutions, healthcare, retail, energy and utilities, public entities, hospitality, high tech, and higher education.
Nugent, a first-responder to privacy and security incidents, helps companies address legal issues as they emerge in investigating and engaging with stakeholders and regulators. When necessary, she defends companies in regulatory proceedings and litigation. When proactive assistance is sought, Nugent provides practical perspective on options that enhance legal defenses. She also works with M&A teams in connection with cyber diligence for acquisitions and funding, facilitating determination of cyber risk appetite, and evaluating a target’s current state.
Among her most notable representations, Nugent served as lead incident response and defense counsel in a high-profile data security breach that led to a $6.5 billion class action. Even though the breach was the largest in its industry, the client achieved a settlement for considerably less than six figures, and investigations by a myriad of state and federal regulators were resolved without any fine or penalty.
Akerman’s Privacy, Cybersecurity and Emerging Technologies Team is a multidisciplinary group of lawyers providing clients comprehensive legal counsel on data security and breach response, privacy regulations, cybersecurity, and the impact of innovations in technology on business.
Source: www.akerman.com
