AI Biz Brass, Accounting Firm Shake 'Fake Revenue' Suit
By Emilie Ruscoe ( March 24, 2026, 5:35 PM EDT) -- The leaders of a now-bankrupt artificial intelligence company and its former accounting firm have escaped a lawsuit brought by investors alleging the AI company used so-called round-trip transactions with a business partner to generate false revenue, after a Maryland federal judge found the shareholders have not shown the transactions or the business relationship were improper....
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