Credit: Inna/Adobe Stock In-House Attorneys Still Embrace ESG, But Struggle to Keep Up
"ESG is a big part of who we are and what we do and is part of our story," one in-house leader told FTI Consulting.
March 15, 2024 at 12:05 PM
3 minute read
In-house lawyers are spending more time on environmental, social and governance matters, adding to already-strained workloads. But it is a cause most believe in, even as blowback grows from critics of ESG initiatives.
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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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