Medidata stutters in attempt to recoup $4.8M in wire fraud losses

A federal judge has refused to rule on a case stemming from the $4.8 million wire transfer fraud that was inflicted on Medidata ($MDSO) in 2014, Law360 reports. Medidata is trying to get its insurer to cover the losses. The judge wants more information before making a decision, telling the parties to come back with details of the method the fraudster used to send emails to Medidata. Article

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