Big Law

Investors Sue Adobe Executives Over Alleged False and Misleading Statements Regarding AI Copyright

A group of investors claim Tuesday Adobe executives didn’t fully disclose the software company’s prioritization of artificial intelligence and the risks involved in training and utilizing generative AI.

The stockholders say in their complaint that in 2024 and 2025 Adobe officers “caused Adobe to make false and misleading statements about its artificial intelligence strategy, characterizing the strategy as a ‘generational opportunity’ to enhance productivity and creativity through responsible, ‘commercially safe’ models natively integrated into its software ecosystem,”

Read more at Courthouse News Service

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