Parties Brief Dismissal In AI Lending Platform Securities Class Action

Mealey's (June 6, 2023, 3:32 PM EDT) -- CINCINNATI — Optimistic statements about how an artificial intelligence lending platform would perform cannot form the basis of a securities class action, and the class never shows that the alleged misrepresentations were false, let alone false when they were made, defendants argue in a pair of reply briefs in support of motions to dismiss filed in an Ohio federal court....