Nov 26 (Reuters) - The U.S. Federal Trade Commission said on Tuesday it would take action against Evolv Technologies
over allegations the company deceived users about its artificial intelligence security screening systems' ability to detect weapons in school settings.
A proposed settlement with Evolv would bar the company from making unsupported claims about its products and give certain K-12 school customers the option to cancel their contracts, the FTC said in a statement.
(Reporting by Brendan O'Brien in Chicago; Editing by Caitlin Webber)
((brendan.obrien@thomsonreuters.com;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.