Credit: Rochu_2008/Adobe Stock Companies 'Throwing Up Hands' as DEI Risks Loom, Such as Atlanta Case
Some efforts have been overzealous to the extent they could be viewed as giving a discriminatory preference for a particular minority or group. "I thought, 'Holy cow, where was their in-house counsel on this? Where was their outside counsel?'" Shawe Rosenthal lawyer Fiona Ong recalled about one particularly egregious case.
August 21, 2023 at 05:55 PM
5 minute read
The original version of this story was published on Corporate Counsel
Outside counsel reviewing their clients' diversity, equity and inclusion programs say they are finding alarming practices, from racial quotas to poorly trained hiring managers who believe diversity means they shouldn't hire white men.
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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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