Evolv, ai and FTC

Evolv Technologies Resolves FTC Inquiry Into Marketing Claims
The proposed settlement order would ban Evolv from making unsupported claims about its products, and require the security technology company to give certain K-12 school customers the option to cancel their contracts.
Evolv Technologies settles FTC complaint on accuracy of weapons detection system
Evolv Technologies (NASDAQ:EVLV) has agreed to a proposed settlement with the U.S. Federal Trade Commission to address allegations from the government that the company made false claims about its AI-powered weapons detection system.
FTC sues Evolv over claims about its AI-powered security system
The Federal Trade Commission (FTC) is taking action against Evolv Technologies, alleging the company made false claims about its AI-powered security scanne
FTC: AI ‘Weapons Detection’ Co. Evolv Misled Schools About its Safety Abilities
The Federal Trade Commission has accused a company that makes AI-powered security screening systems for some 800 schools across 40 states of promoting false claims about its ability to detect weapons and keep kids safe.
Evolv down 13% after proposed FTC settlement order over false claims
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FTC Release: FTC Takes Action Against Evolv Technologies for Deceiving Users About its AI-Powered Security Screening Systems
The Federal Trade Commission is taking action against Evolv Technologies over allegations that the company made false claims about the extent to which its AI-powered security screening system can detect weapons and ignore harmless personal items,
Feds Say Evolv Is Over-Hyping AI Tech in Gun Detectors
In the proposed FTC settlement order, Evolv would be banned from making unsupported claims about its products’ ability to ...
Evolv sees $3.9M of ARR possibly impacted by right to cancel
Technology announced that it has resolved the United States Federal Trade Commission’s inquiry into certain aspects of the ...
Sports Business Journal2h
SBJ Power Up: FTC, Evolv reach resolution
The Federal Trade Commission has proposed a settlement with Evolv Technology that would ban the AI-powered weapon screening company from making false claims about the accuracy and efficiency of its ...
Federal investigators seek records from Evolv, firm behind NYC’s subway weapons scanners
Federal investigators in Manhattan are seeking records from Evolv Technologies, the controversial manufacturer of weapon ...
CFO, four employees to leave Evolv after revenue investigation
Evolv Technology has parted ways with its CFO and four employees as a result of its internal investigation into revenue that ...
Sports Business Journal2d
How will continued negative headlines impact Evolv and its sports venue business?
Evolv will hope the post-internal investigation clear-out assuages clients and shareholders’ concerns (and actually has an ...
cfodive4d
Evolv CFO latest to depart during misconduct, revenue misstatement investigation
The security technology provider will pay a weekly $50,000 fee to AlixPartners in exchange for the services of its director ...
FTC files complaint against security system used at Columbus high schools, zoo and Lower.com Field
The FTC alleged that Evolv’s Express scanners failed in several instances to detect weapons in schools while flagging ...