Technology,
Civil Litigation
Sep. 28, 2020
Alphabet deal is a model, say plaintiffs’ lawyers
The agreement to resolve the shareholder derivative lawsuits was the product of several compromises, said attorneys involved in the deal.
Plaintiffs' attorneys said they hope a tentative settlement reached Friday in several shareholder lawsuits against Alphabet Inc. over its handling of sexual harassment allegations will serve as a model for other companies across the nation.
"It's designed to change the culture of not just in Silicon Valley but on Wall Street as well," said Joseph W. Cotchett, a partner with Cotchett, Pitre & McCarthy LLP, one of many plaintiffs' firm...
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