Philadelphia City Hall. Photo: Diego M. Radzinschi/ALM Philadelphia's Mass Tort Program Shrinks, but Still Packs a Punch
With the newer programs encompassing between 100 to 400 cases, Philadelphia's mass tort inventory as of May is near its lowest point since 2010.
May 09, 2023 at 07:16 PM
3 minute read
The Philadelphia Court of Common Pleas' mass tort program is less massive than it once was.
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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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