Credit: Vitalii Vodolazskyi/Adobe Stock Latham & Watkins Secures Dismissal of Legal-Mal Suit Against Company, GC Who Failed to Advise Former Treasurer
The plaintiff had alleged that the defendants were liable for failing to give a so-called Upjohn warning, which is done when the interests of a company and an individual officer become adverse.
September 30, 2024 at 01:39 PM
4 minute read
What You Need to Know
- An Illinois appellate court affirmed the dismissal of former executive's lawsuit against his employer, Baxter International.
- Plaintiff Scoot Bohaboy claimed the company and its general counsel failed to adequately represent him during a securities investigation.
- The court said the general counsel's recommendation to the plaintiff to seek outside legal counsel could not be considered as legal advice.
Latham & Watkins has fended off a civil suit against its clients, an Illinois-based health care company and its general counsel, which had faced allegations of legal malpractice and negligent representation stemming from a securities investigation that cost the company millions.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
‘Badge of Honor’: SEC Targets CyberKongz in Token Registration Dispute
3 minute read
An AI Danger to Minors: Two Texas Families Want to Shut Down Character.AI
4 minute read
‘BiT Global Lost’: Federal Judge Won’t Stop Coinbase From Delisting wBTC Token
3 minute read
Art of the Settlement: Trump Attorney Reveals Strategy in ABC Lawsuit
Law Firms Mentioned
Trending Stories
- 1Lawyers Scramble to Secure Jobs Ahead of A&O Shearman's South Africa Closure
- 2Big Law's Biggest Stories (UK Edition) For 2024
- 3Luigi Mangione Indicted in Federal Court for Stalking, Murder and Firearms Offenses
- 4Biggest Legal Tech People Moves of 2024
- 5NY Civil Liberties Legal Director Stepping Down After Lengthy Tenure
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.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
