Ira M. Millstein (Photo by David Handschuh/ALM) A 'True Visionary': Ira Millstein, Longtime Weil Partner and Corporate Governance 'Guru,' Dies at 97
While Ira Millstein may be credited as a consequential figure for American corporate life in the latter half of the 20th century, he may be remembered just as well for his work in the public sphere.
March 14, 2024 at 06:44 PM
6 minute read
Corporate Governance
Not too many decades ago, it was not only rare for members of corporate boards to meet with each other without the CEO present, it was considered treasonous.
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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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