AI Weapons Detector Faces Investor Suit After Gov't Probes

[Gunnar Larson]

AI Weapons Detector Faces Investor Suit After Gov't Probes
<https://www.law360.com/mergersacquisitions/articles/1817551?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-03-27&read_main=1&nlsidx=0&nlaidx=10>

By Sydney Price

Evolv Technologies, which makes metal detectors that purportedly use
artificial intelligence to detect weapons, is facing a proposed shareholder
class action in Massachusetts federal court alleging that false claims
about its products' abilities to screen for types of tactical knives and
guns led to federal investigations and share declines.

 Complaint attached | Read full article »
<https://www.law360.com/mergersacquisitions/articles/1817551?nl_pk=a34c25b5-f021-4515-a5f9-06e53584a502&utm_source=newsletter&utm_medium=email&utm_campaign=mergersacquisitions&utm_content=2024-03-27&read_more=1&nlsidx=0&nlaidx=10>
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