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SEC: Delphia and Global Predictions (AI washing) securities case

US Securities and Exchange Commission · decided Mar 18, 2024 · Settled

The SEC's first AI washing cases: two investment advisers claimed to use AI in ways they did not.

The case

Against
Delphia, Global Predictions
Regulator
US Securities and Exchange Commission
Decided
Mar 18, 2024
Status
Settled
Outcome
The two advisers paid $400,000 in total civil penalties.
Amount
$400,000

History

1 dated entry
DateEntry
Mar 18, 2024Decision: SEC: Delphia and Global Predictions (AI washing)
WhenCase
Nov 17Final Approval Motion Hearing in 53dnext dateIn re Seagate Technology Holdings plc Securities LitigationFinal Approval Motion HearingActiveSecuritiesN.D. Cal.
May 20, 2027Motion Hearing in 8monext dateIn re NVIDIA Corporation Securities LitigationMotion HearingActiveSecuritiesN.D. Cal.
Jul 10Filed 77d agofiledBaldwin v. Intuit Inc.ActiveSecuritiesN.D. Cal.
Feb 24Filed 7mo agofiledPatel v. Snowflake Inc.ActiveSecuritiesN.D. Cal.
Feb 3Filed 8mo agofiledBarrows v. Oracle CorporationActiveSecuritiesD. Del.
Jan 12Filed 8mo agofiledMasaitis v. CoreWeaveActiveSecuritiesD. N.J.
Oct 31, 2025Filed 11mo agofiledIn re Synopsys, Inc. Securities LitigationActiveSecuritiesN.D. Cal.
Aug 22, 2025Filed 13mo agofiledLiggett v. C3.aiDismissedSecuritiesN.D. Cal.
Caption and links

In re Delphia (USA) Inc.; In re Global Predictions Inc.

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