April 16, 2025
Autonomous driving company Mobileye Global Inc. has escaped a proposed investor class action that claimed the company's trading prices slid after it cut its first quarter revenue expectations in half, citing a supply glut, with a New York federal judge ruling that the investors' second amended complaint failed to plead any actionable misstatements, among other things.
February 26, 2024
Autonomous driving company Mobileye Global Inc. and a trio of its current and former executives face a proposed investor class action after the company's trading prices slid after it cut its first quarter revenue expectations in half, citing a supply glut.