Peter L. Simmons and Samuel M. Light of Fried, Frank, Harris, Shriver & Jacobson have stepped in as defense counsel to AI messaging provider LivePerson and certain executives in a pending securities class action. The action, which arises from the company's acquisition of WildHealth, was filed Dec. 1 in New York Southern District Court by Pomerantz LLP and attorney Jacob Sabo. The suit contends that the defendants failed to disclose that reimbursements for COVID-19 testing provided by WildHealth under a Medicare demonstration program had been suspended. The case, assigned to U.S. District Judge Paul A. Engelmayer, is 1:23-cv-10517, Damri v. LivePerson, Inc. et al.
AI & Automation
February 09, 2024, 8:46 AM