Credit: leowolfert/Adobe Stock Balancing Privacy Compliance with User Perception
Recent events involving fitness device company Polar and comedian Joe Rogan provide valuable lessons for companies relative to new privacy requirements.
October 25, 2023 at 01:20 PM
5 minute read
Privacy
In the wake of new data privacy laws, companies face a delicate balancing act between compliance and a positive user experience.
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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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