Voting during the midterm elections in Baltimore, MD, on November 8, 2022. Photo: Diego M. Radzinschi/ALM The U.S. Election and Watching From the Sidelines
Lawyers in Asia have responded to questions about what impact they thought the American presidential election results would have on the Asian market with nonchalance and even indifference, writes Asia Editor Jessica Seah. It isn't that legal folk in Asia don't care -- it's perhaps just that they don't care yet.
October 01, 2024 at 06:04 PM
5 minute read
Law Firm Management
The original version of this story was published on The American Lawyer
A few weeks ago, our New York-based executive editor, Lisa Shuchman, was in Singapore, joining me for TechLaw.Fest 2024, the city's two-day conference, where legal players gathered to discuss all things in the cross-section of law and technology (although most of those conversations unsurprisingly centered around just one topic: artificial intelligence).
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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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