Shareholders: Lending Platform Misconstrues Judge’s Order In Motion To Reconsider

Mealey's (December 1, 2023, 2:45 PM EST) -- CINCINNATI — A lending platform and certain related defendants, accused by shareholders of making inaccurate claims about the platform’s use of artificial intelligence to approve loans, indicated in a notice in an Ohio federal court no opposition to several investment funds’ motion to intervene in the suit, a day after the shareholders filed a memorandum in opposition to the lending platform’s motion to reconsider an order partially dismissing the suit....