Propriety Of $100 Stability AI Stock Sale At Issue In Delaware Briefing

(April 23, 2024, 2:01 PM EDT) -- WILMINGTON, Del. — A man who claims that he was duped into selling what are now millions of dollars’ worth of Stability AI Inc. shares for $100 tells a Delaware court that he reasonably relied on statements that the company was worthless.  But the defendants say in their motion to dismiss that the man had his own reasons for selling the stock and that he hopes to receive a windfall based on a case of buyer’s remorse....