The proposed settlement order would ban Evolv from making unsupported claims about its products, and require the security ...
Evolv Technologies (NASDAQ:EVLV) has agreed to a proposed settlement with the U.S. Federal Trade Commission to address ...
The Federal Trade Commission has accused a company that makes AI-powered security screening systems for some 800 schools ...
EST Evolv (EVLV) down 13% after proposed FTC settlement order over false claimsDon't Miss our Black Friday Offers:Unlock your investing ...
"The Evolv Technologies enforcement action shows that the FTC’s Operation AI Comply will continue to crack down on companies ...
The Federal Trade Commission (FTC) is taking action against Evolv Technologies, alleging the company made false claims about ...
While Evolv disagrees with the FTC’s allegations, and has not admitted any wrongdoing, it has chosen to resolve the matter to focus on its core mission of protecting lives through innovation and ...
In the proposed FTC settlement order, Evolv would be banned from making unsupported claims about its products’ ability to detect weapons by using artificial intelligence and would also have to give ...
Evolv will hope the post-internal investigation clear-out assuages clients and shareholders’ concerns (and actually has an ...
Federal investigators in New York have requested records from the manufacturer of an AI-powered weapons scanner that was ...
The FTC's proposed settlement would prohibit misrepresentations and allow affected schools to opt out of current contracts for security screening systems.