West Palm Beach, Florida. Credit: Sean Pavone/Adobe Stock At Greenberg Traurig's West Palm Beach Office, Securities Litigators Increasingly Play on Home Turf
Northern wealth managers seeking space and sophistication are landing at the doorstep of Greenberg's national securities litigation practice.
October 12, 2022 at 10:17 AM
4 minute read
If Brickell is the Wall Street of the South, Palm Beach County might be Greenwich or East Hampton—where the real money lives, for part of the year at least.
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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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