(L-R) Third DCA Judges Edwin A. Scales, III, Bronwyn C. Miller and Fleur J. Lobree. (Credit: Courtesy Photos) Florida Court Greenlights Suit Against Odebrecht, Conglomerate Named in 'Panama Papers'
Plastiquim alleged it suffered millions of dollars in damages in litigation-related expenses, unpaid interest and business loans.
April 28, 2022 at 02:17 PM
4 minute read
Litigation
Florida's Third District Court of Appeal ruled that a multimillion-dollar lawsuit—in which attorneys alleged fraud and conspiracy claims against an embattled Brazil-based construction conglomerate, a once-powerful Ecuadorian politician and his son, a local financial adviser—will move forward in Miami-Dade Circuit Court.
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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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