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Hodes v. Mostaque et al
Case Number:
4:23-cv-03481
See also:
Court:
Nature of Suit:
Judge:
Firms
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October 17, 2023
Stability AI CEO Says AI Expert Merely Has 'Seller's Remorse'
Stability AI has urged a California federal court to throw out an artificial intelligence expert's suit claiming he was involved in developing the technology behind the startup only to be duped into selling his minority stake, arguing that the cofounder "suffers from a clear case of seller's remorse."
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July 13, 2023
Stability AI CEO Duped Co-Founder Out Of Shares, Suit Says
An artificial intelligence expert who says he was involved in developing the technology behind Stability AI alleges the startup and its CEO duped him into believing the endeavor was worthless and convinced him to sell his minority stake — now worth $500 million — for just $100, according to a suit filed Thursday.