(L-R) Cynthia Cole, Rachel Ehlers and Will Cozzens of Baker Botts. Courtesy photos Privacy Planning in 2022
Do you have the new privacy and security obligations on your New Year compliance agenda?
February 08, 2022 at 07:28 AM
8 minute read
Privacy
New comprehensive privacy laws in California, Virginia and Colorado are set to take effect in 2023. In multiple other states, lawmakers are motivated to pass similar legislation. These laws will require businesses to contend with a growing patchwork of privacy regulations that, despite the common themes of expanding consumer rights to control their data, also include variations that will likely frustrate compliance efforts.
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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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