Jacksonville, Florida home values have surged. Photo: ESB Professional/Shutterstock. As people fled cities looking for more space during the pandemic, US home values surged 13.4%, or $4 trillion, to reach $33.4 trillion in February 2021 from $29.4 trillion in February 2020, according to a new report from Redfin.
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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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