Photo: Nikcoa via Adobe Stock Giving a Stronger Voice to Smaller Donors
New York's Public Campaign Finance Program, which boosts the value of constituents' small campaign donations with government funding, is in effect for the first time for the 2024 state legislative elections. This is an investment in civic participation at a time when American democracy really needs it.
May 01, 2024 at 09:00 AM
6 minute read
The 2024 election cycle is projected to be staggeringly expensive, with billions of dollars expected to pour into federal, state and local campaigns. If recent elections are any guide, most of that money will come from a small group of wealthy donors. Their disproportionate influence sidelines the voices and interests of everyday constituents who don't have access to private wealth.
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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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