Africa House, courtesy photo Mishcon to Face UK Tribunal Over Client Account 'Failure'
The current probe comes a year after the firm was investigated by the SRA over historical work relating to complaints made against the firm in 2017 and 2018.
July 29, 2021 at 04:50 AM
3 minute read
Law Firm Management
Mishcon de Reya has been referred to the U.K. Solicitors Disciplinary Tribunal over allegations relating to payments into the firm's client account.
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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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