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AI Image Co. Hit With $14.1M Verdict Over Lowball Buyout

By Dorothy Atkins ( February 6, 2024, 9:11 PM EST) -- A California federal jury returned a $14. 1 million verdict Monday in favor of investors alleging AI-imaging software company ArcSoft and its billionaire CEO duped them into selling their shares for less than they were worth by hiding information about the business's success, its move to China and its eventual IPO. . . .

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