Credit: Pcess609/Adobe Stock ESG and Class Actions to Fuel Disputes Work in 2024, Baker McKenzie Survey Finds
The firm's seventh annual Global Disputes Forecast is based on 600 senior legal and risk leaders from large organizations in the U.K., U.S., Singapore and Brazil.
January 30, 2024 at 03:46 PM
3 minute read
Senior disputes lawyers across the globe expect the number of disputes in 2024 to stay the same or increase, with environmental, social and governance disputes cited as the top litigation risk to their organizations this year, according to a new survey by Baker McKenzie.
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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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