corporatetechentertainmentresearchmiscwellnessathletics

Some Elite Universities Favor Wealthy Students in Admissions Decisions, Lawsuit Alleges


Some Elite Universities Favor Wealthy Students in Admissions Decisions, Lawsuit Alleges

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.

Previous articleNext article

POPULAR CATEGORY

corporate

10143

tech

11412

entertainment

12448

research

5650

misc

13192

wellness

10036

athletics

13175