August 23, 2023
A Florida federal judge said he won't toss a shareholder derivative suit that accuses a fund manager of wrecking social networking service Tout Inc. by selling its artificial intelligence technology to an entity that existed under that same manager's name.
November 28, 2022
An Arizona woman has accused a Florida-based fund manager in a federal lawsuit of taking over Tout Inc. and selling its highly prized artificial intelligence technology at a steep discount to an entity bearing his name, cutting shareholders out of profits and effectively gutting the business.