Credit: Jirsak/Shutterstock Federal Judge Weighs Challenge to New Property Insurance Law
U.S. District Judge Mark Walker will decide if he should block a key part of a new Florida property insurance law that a Hillsborough County construction company argues violates First Amendment rights.
July 12, 2021 at 01:53 PM
3 minute read
Insurance
A federal judge heard arguments about whether he should block a key part of a new Florida property insurance law, with a Hillsborough County construction company arguing that the measure violates First Amendment rights.
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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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