(Credit: Nicolas Herrbach/Adobe Stock) Growing Data Risks Cause Companies to Expand Parameters of Legal Departments
"This disconnect we had was actually stifling the business, and agreements were unnecessarily delayed because you had a lot of people doing a lot of different things," said Michelle Tidjani, general counsel of the Henry Ford Health System.
March 21, 2022 at 03:20 PM
5 minute read
Legal Services
The Association of Corporate Counsel's 2022 Chief Legal Officers Survey released last month found that data privacy, security and compliance have become top concerns of legal chiefs.
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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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