iLearningEngines establishes special committee to investigate short-seller report, engages legal counsel Paul Hastings LLP.
iLearningEngines, an AI-driven learning and work automation firm, has established a Special Committee of independent directors to investigate allegations from a short-seller report. Engaging Paul Hastings LLP for legal counsel, the committee aims for a thorough and independent review, despite the company's existing audits. CEO Harish Chidambaran asserts the report is misleading and emphasizes the company's commitment to its business plans. Updates will follow as the investigation unfolds.
September 05, 2024
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