Frankfurt, Germany. Photo: Shutterstock.com A&O, DLA and Noerr Build in Germany's Financial Hubs
Firms anticipate a growing need for restructuring expertise 'in view of the economic downturn forecast for this year'.
January 25, 2023 at 11:55 AM
2 minute read
Three law firms have expanded their financial offerings in the heart of Germany's two main financial hubs, Frankfurt and Munich.
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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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