Miami City Commissioner Joe Carollo. (Credit: City of Miami via Facebook) Miami Judge Rules City Commissioner Joe Carollo Will Keep His House
"This matter has always been going to be a matter for the appellate courts, either the Eleventh Circuit or the Florida Supreme Court," said Jeff Gutchess, a partner at AXS Law Group.
October 23, 2024 at 04:52 PM
3 minute read
Litigation
A federal district court judge in Miami delivered bad news Wednesday to the Little Havana businessmen and their attorneys, who previously scored a $63.5 million verdict against Joe Carollo: they will not be able to seize the city of Miami commissioner's house under the Homestead Exemption Act.
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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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Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
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