caption South Florida Attorneys Wrestle COVID-19 Protocols in PPP Fraud Case
"Barosy is an innocent man and he is presumed innocent under the law," attorney David Cannady said.
January 13, 2022 at 03:21 PM
3 minute read
News
Attorneys had to contend with COVID-19 protocols as they worked to free a client accused of obtaining fraudulent relief loans under the Paycheck Protection Program.
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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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