Credit: Murrstock/Adobe Stock Ad Tech Firm TripleLift Elevates Deputy GC to Legal Chief
Kama Ostoya helped the company navigate its $1.4 billion sale to a private equity firm last year. More recently, she oversaw its acquisition of a Swiss data management firm.
August 09, 2022 at 01:21 PM
2 minute read
New York-based advertising technology company TripleLift, which boasts that it executes more than 1 trillion ad transactions every month, has promoted deputy general counsel Kama Ostoya to legal chief.
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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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