Lawsuit claims IBM falsely used mainframe sales to boost AI, cloud businesses
CIO
JANUARY 18, 2023
The lawsuit alleges that the company and some of its executives “knowingly or recklessly engaged in a device, scheme, or artifice to defraud, engaged in acts, practices, and courses of business conduct designed to deceive investors.” The law firm submitting the new lawsuit, The Rosen Law Firm, declined to comment.
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