AI Drugmaker BioXcel Beats Investor Fraud Suit, For Now

By Rae Ann Varona · July 12, 2024, 10:57 PM EDT

A Connecticut federal judge has tossed a proposed securities fraud class action against BioXcel Therapeutics Inc., saying that while shareholders sufficiently alleged the AI-driven drugmaker made misleading statements concerning a dementia...

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Case Information

Case Title

Hills et al v. BioXcel Therapeutics, Inc. et al

Case Number

3:23-cv-00915

Court

Connecticut

Nature of Suit

Securities/Commodities

Date Filed

July 07, 2023