Artificial intelligence software company Innodata and its top officials were hit with a securities fraud class action complaint on Feb. 21 in New Jersey federal court which alleged that the defendants failed to disclose that the company has not developed “viable” AI technology.

This suit was surfaced by Law.com Radar, ALM’s source for immediate alerting on just-filed cases in state and federal courts. Law.com Radar now offers state court coverage nationwide. Sign up today and be among the first to know about new suits in your region, practice area or client sector.