Credit: IgorFaun/Adobe Stock Bankruptcy, Bargain Hunting and Litigation Keep Miami Crypto Lawyers Busy As Industry Hits A Bumpy Patch
"Miami has sort of woken up after a crazy night and said, 'Okay, some of that was a little much,'" said Nima Tahmassebi, a partner at Miami's Perlman, Bajandas, Yevoli & Albright involved in crypto-centered litigation.
May 17, 2023 at 02:18 PM
6 minute read
Cryptocurrency
The year is 2021, Bitcoin is hitting all-time highs, and Miami is building excitement around the growing crypto space as its mayor, Francis X. Suarez, even directs the city to make its own crypto token, MiamiCoin.
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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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Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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