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Lawsuit Alleges Globalstar CEO Expropriated AI Platform

Unsealed suit claims the executive took the system from a firm he founded earlier.

BL
1 Source, 26d ago, first seen 26d ago

TLDR

Bloomberg Law reported on an unsealed lawsuit alleging Globalstar Inc.'s chief executive took an AI-driven industrial automation platform from another company he founded. The filing describes the platform as the crown jewel of Globalstar's $11.6 billion sale to Amazon.com Inc. The report links to the full article on the Bloomberg Law site and notes the suit's focus on the executive's actions regarding the asset.

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1 Source, first seen 26d ago

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Combined views

2.3K

1 Source, first seen 26d ago

1 likes1 saves

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1 Source

@BLawGlobalstar Inc.'s chief executive wrongly expropriated an AI-driven industrial automation platform — the “crown jewel” of its $11.6 billion sale to https://Amazon.com Inc. — from another business he founded, according to an unsealed lawsuit. https://news.bloomberglaw.com/esg/crown-jewel-of-globalstars-12-billion-amazon-deal-draws-suit?taid=6a9b4d7b3375640001f25b9e&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
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    1 Source

    @BLawGlobalstar Inc.'s chief executive wrongly expropriated an AI-driven industrial automation platform — the “crown jewel” of its $11.6 billion sale to https://Amazon.com Inc. — from another business he founded, according to an unsealed lawsuit. https://news.bloomberglaw.com/esg/crown-jewel-of-globalstars-12-billion-amazon-deal-draws-suit?taid=6a9b4d7b3375640001f25b9e&utm_campaign=trueanthem&utm_medium=social&utm_source=twitter
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