WORKING OVERTIME - The Equal Employment Opportunity Commission is on a tear. The commission filed 143 discrimination lawsuits in its just-completed fiscal year—a 52% increase from the 94 reported last year, a spike in activity that employment attorneys predict will be exceeded this fiscal year. Of the suits the EEOC filed in the year ending Sept. 30, 25 alleged systemic discrimination. “The EEOC is looking for opportunities which they can tout as a success for them,” Littler Mendelson shareholder Bradford Kelley told Law.com’s Hugo Guzman. “[This lawsuit data] does show that they’re going to continue to focus on their strategic plans.”
ON THE RADAR - Freight Farms Inc., an agricultural technology company, is going public through a SPAC merger with Agrinam Acquisition Corp. As a result of the merger, Freight Farms will be listed on the Toronto Stock Exchange with a post-transaction equity value of approximately $147 million. The transaction, announced Oct. 4, is expected to close in the first quarter of 2024. New York-based Freight Farms was represented by Stikeman Elliott and a Latham & Watkins team led by partner Stephen Ranere. Agrinam was advised by Borden Ladner Gervais and Dorsey & Whitney. Stay up on the latest state and federal litigation, as well as the latest corporate deals, with Law.com Radar.
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