Credit: Kevin Carden/Adobe Stock Legal Chiefs See Sharp Rise in Risks—and They're Coming From Myriad Directions
In-house leaders say that even as threats rise, they're more confident of their ability to mitigate them, according to a newly released survey.
December 06, 2022 at 09:41 AM
2 minute read
General Counsel and In House Counsel
Seventy-nine percent of GCs say their companies faced increased risk this year, a sharp rise from the 60% who felt that way last year, according to a report released Tuesday by FTI Consulting and the compliance tech company Relativity.
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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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