(Credit: Steve Cukrov/Adobe Stock) Supreme Court Overturns 'Chevron Deference' in Blow to Federal Agencies
The court's decision is a monumental victory for business groups who have railed against the "Chevron" doctrine as an unfair advantage enjoyed by federal bureaucrats in fights over regulations.
June 28, 2024 at 11:56 AM
5 minute read
United States Supreme Court
The original version of this story was published on National Law Journal
The U.S. Supreme Court ruled Friday that judges should not defer to expert federal agencies during legal fights over regulations, overturning 40 years of "Chevron deference" in a massive blow to the administrative state.
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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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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.
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