Evolv, ai and FTC

Evolv Technologies Resolves FTC Inquiry Into Marketing Claims
The proposed settlement order would ban Evolv from making unsupported claims about its products, and require the security technology company to give certain K-12 school customers the option to cancel their contracts.
Evolv Technologies settles FTC complaint on accuracy of weapons detection system
Evolv Technologies (NASDAQ:EVLV) has agreed to a proposed settlement with the U.S. Federal Trade Commission to address allegations from the government that the company made false claims about its AI-powered weapons detection system.
Evolv down 13% after proposed FTC settlement order over false claims
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FTC: AI ‘Weapons Detection’ Co. Evolv Misled Schools About its Safety Abilities
The Federal Trade Commission has accused a company that makes AI-powered security screening systems for some 800 schools across 40 states of promoting false claims about its ability to detect weapons and keep kids safe.
FTC sues Evolv over claims about its AI-powered security system
The Federal Trade Commission (FTC) is taking action against Evolv Technologies, alleging the company made false claims about its AI-powered security scanne
Feds Say Evolv Is Over-Hyping AI Tech in Gun Detectors
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 certain K-12 school customers the option to cancel their contracts,
Evolv Technologies announces resolution of FTC inquiry
The FTC's proposed settlement would prohibit misrepresentations and allow affected schools to opt out of current contracts for security screening systems.
FTC Release: FTC Takes Action Against Evolv Technologies for Deceiving Users About its AI-Powered Security Screening Systems
The Federal Trade Commission is taking action against Evolv Technologies over allegations that the company made false claims about the extent to which its AI-powered security screening system can detect weapons and ignore harmless personal items,
Evolv sees $3.9M of ARR possibly impacted by right to cancel
Technology announced that it has resolved the United States Federal Trade Commission’s inquiry into certain aspects of the ...
Sports Business Journal1d
How will continued negative headlines impact Evolv and its sports venue business?
Evolv will hope the post-internal investigation clear-out assuages clients and shareholders’ concerns (and actually has an ...
CFO, four employees to leave Evolv after revenue investigation
Evolv Technology has parted ways with its CFO and four employees as a result of its internal investigation into revenue that ...
Federal investigators seek records from Evolv, firm behind NYC’s subway weapons scanners
Federal investigators in Manhattan are seeking records from Evolv Technologies, the controversial manufacturer of weapon ...
Evolv Technologies Target of Unusually High Options Trading (NASDAQ:EVLV)
Evolv Technologies Holdings, Inc. (NASDAQ:EVLV – Get Free Report) saw unusually large options trading on Tuesday. Stock investors acquired 5,513 call options on the stock. This is an increase of 1,690 ...
Levi & Korsinsky Notifies Evolv Technologies Holdings, Inc. Investors of a Class Action Lawsuit and Upcoming Deadline – EVLV
NEW YORK, NY / ACCESSWIRE / November 25, 2024 / If you suffered a loss on your Evolv Technologies Holdings, Inc. (NASDAQ:EVLV) investment and ...