The Equal Employment Opportunity Commission (EEOC) has significantly increased its activity, filing 143 discrimination lawsuits in its latest fiscal year, marking a substantial 52% increase compared to 94 reported the previous year. Experts in employment law anticipate this trend of heightened activity will carry on into the current fiscal year. As part of this wave, 25 cases alleged systemic discrimination. “The EEOC is looking for opportunities which they can tout as a success for them,” explained Bradford Kelley, a shareholder at Littler Mendelson.
In corporate news, agricultural technology company Freight Farms Inc. recently announced its plans to go public through a merger with Agrinam Acquisition Corp. As a consequence of the merger, Freight Farms will be listed on the Toronto Stock Exchange with an estimated post-transaction equity value of around $147 million. This transaction is expected to close in the first quarter of 2024. Stikeman Elliott represented New York-based Freight Farms, while a team from Latham & Watkins led by partner Stephen Ranere handled matters for Agrinam Acquisition Corp. You may read descriptive details about these legal affairs and more at Law.com.