Former CEO of e-Commerce App nate Charged with Securities Fraud for Allegedly False Claims About AI - Constantine Cannon
1 Articles
1 Articles
Former CEO of e-Commerce App nate Charged with Securities Fraud for Allegedly False Claims About AI - Constantine Cannon
By the Constantine Cannon Whistleblower Lawyer Team This year, we’ve been tracking the notable spike in enforcement actions concerning AI washing or other AI-related fraud. These types of schemes generally involve an individual or company allegedly deceiving investors with misstatements or omissions about AI use or capabilities to make the company appear better than it is. Another such enforcement action came this month when the government annou…
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