U.S. Department of Justice building in Washington, D.C, on January 12, 2022. Photo: Diego M. Radzinschi/ALM Corporate Prosecutions 'Less Likely' Under Next Trump DOJ, Observers Say
Longtime criminal defense attorneys and former federal prosecutors agreed that the next Trump DOJ would likely focus less on white collar cases against entities and instead follow a "law and order" model of pursuing street crime.
November 06, 2024 at 05:06 PM
4 minute read
White Collar Crime
The next Department of Justice under President-elect Donald Trump is less likely to focus on corporate prosecutions, observers speculated on Wednesday as the legal community absorbed the election results.
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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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