Credit: Blue Planet Studio/Adobe Stock Clients in Latin America Prioritize ESG as Region Eyes Sustainability
Global law firms are increasingly guiding the issuance of sustainability-linked bonds from the region while brainstorming with clients to craft meaningful ESG goals.
February 03, 2022 at 12:05 AM
6 minute read
Corporate Governance
Editor's note: This story is one in an occasional series by Law.com International reporters on the increasing role that environmental, social and governance (ESG) issues are playing in the legal industry around the world.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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