Great Britain and USA puzzles pieces merging. UK's Schillings Invests in US Startup Hush, Strengthening Global Online Privacy Reach
The UK firm's investment in the US-based AI privacy startup will help combat "the uncontrolled proliferation and exploitation of our private data online" and is a critical step toward achieving global online data privacy in today's digital age.
November 21, 2022 at 02:23 PM
3 minute read
Privacy
UK-based privacy law partnership Schillings announced on Thursday that it was investing in Hush, a US-based AI privacy startup that focuses on allowing users to minimize the amount of their personal data that is available online. The details of the investment were not disclosed.
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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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