Kasowitz Benson Torres' New York offices at 1633 Broadway. Credit: Rick Kopstein/ALM Former Kasowitz Partner Claims Firm Withheld Compensation
"After paying him generously during his unproductive year, the firm owes him nothing and we have parted ways," Kasowitz Benson said in response to Jay Deshmukh's claims.
July 10, 2024 at 12:25 PM
3 minute read
The original version of this story was published on New York Law Journal
Former Kasowitz Benson Torres partner Jay Deshmukh filed suit against the firm Tuesday, alleging it owes him $264,000 in compensation after his employment was terminated a month short of his one-year mark.
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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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