Former CEO Allowed to Proceed with Discrimination Suit Against Commercial Litigation Funder, Judge Rules
At the motion to dismiss stage, the court held that the alleged comparisons between a Black employee and white counterparts plausibly established that LexShares' actions resulted from alleged discriminatory animus.
December 05, 2024 at 06:07 PM
4 minute read
A federal judge in Massachusetts is allowing a racial discrimination claim against a litigation financing company, finding its former chief executive officer plausibly established he was treated differently than other white employees.
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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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