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 two of its officers in a pending securities class action. The case, filed Aug. 14 in Massachusetts District Court by Levi & Korsinsky, accuses the defendants of misleading investors regarding the company's revenue outlook for the 2024 fiscal year and their management of expenses throughout project delays. The case, assigned to U.S. Magistrate Judge M. Page Kelley, is 1:24-cv-12090, Fox v. Symbotic Inc. et al.
AI & Automation
September 11, 2024, 9:24 AM