Tagged: securities fraud

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Ex-CEO, Ex-CFO of Bankrupt AI Company Charged With Fraud

Article 0 Comments The former chief executive and chief financial officer of iLearningEngines, which provided AI-driven business automation technology, were indicted on charges they defrauded investors and lenders by fabricating “virtually all” of the...

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Meta Must Face Investor Suit After Supreme Court Drops Case

Article 0 Comments The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the company of misleading shareholders about the data-harvesting scandal involving political consulting...