What to Do About Deepfakes?: The Morning Minute
The news and analysis you need to start your day.
June 28, 2023 at 06:00 AM
4 minute read
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WHAT WE'RE WATCHING
IN TOO DEEP - Whoa whoa whoa, is that really a video of Ron DeSantis sharing a blue raspberry snow cone with Bob Iger at Magic Kingdom?! It couldn't be, right? Right. It's a deepfake—and, as the 2024 election nears, they're only going to become more widespread. Attorneys told Law.com's Isha Marathe that the vague, swooping statutes popping up across jurisdictions are rife with possible First Amendment violations fit to see legal pushback. And the growing potential for defamatory deepfakes in the lead-up to the election is likely to bring on a wave of new litigation directly connected to AI-generated audiovisual content.
BIOSHOCK - While the M&A boom in biotech that lawyers longed for in early 2023 hasn't quite materialized, venture funding is slowing, nontraditional investors are withdrawing from the scene, companies planning to go public are in limbo, and many public companies' stock is down—all of which contrasts sharply with the vast amounts of capital that biotechs require to reach proof of concept. Ryan Murr, the co-chair of the life sciences practice group at Gibson, Dunn & Crutcher, told Law.com's Jessie Yount that there are about 100 biotech companies trading below their cash value, and several of them have a cash burn rate greater than their market capitalization. As a result, reverse mergers are emerging as a popular mechanism for private life sciences companies to reach the public markets.
ON THE RADAR - Nelson Mullins Riley & Scarborough removed a trade secret and computer fraud lawsuit against Live by the Sword and two former employees of Hello Beautiful Salon to New York Eastern District Court on Tuesday. The suit was filed by Brennan Law Firm on behalf of Hello Beautiful, which accuses the defendants of misappropriating client lists, proprietary services and company hardware. The case is 1:23-cv-04803, Hello Beautiful Salon, Inc. v. Dimoplon et al. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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EDITOR'S PICKS
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Who Got The Work
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.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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