Judge Dismisses Channel- Stuffing Suit Against Driver Safety Technology Provider

( May 2, 2025, 8:11 AM EDT) -- NEW YORK — A federal judge in New York dismissed a putative securities class action brought by investors alleging that an advanced driver-assistance systems technology company and its executives made misleading statements about the company’s minimum-order contracts that the investors claimed artificially inflated the price of the company’s stock, finding that the investors failed to allege that the company made any material misstatements that would support scheme liability....