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Stock impact report

AudioEye Announces Dismissal of Lawsuit Against Company and CEO David Moradi [Yahoo! Finance]

AudioEye, Inc. (AEYE) 
NASDAQ:AMEX Investor Relations: audioeye.com/tag/investors
Company Research Source: Yahoo! Finance
2 min read In This Article AEYE Court dismisses lawsuit with prejudice, finding claims brought by David J. Kovacs to be without merit TUCSON, Ariz. Feb. 4, 2025 /PRNewswire/ -- AudioEye, Inc. (Nasdaq: AEYE) ("AudioEye" or the "Company") , the industry-leading digital accessibility company, today announced that the Supreme Court of the State of New York has dismissed in full the lawsuit brought by former employee David J. Kovacs against the Company, CEO David Moradi , and Chairman of the Board Carr Bettis. AudioEye, Inc. (PRNewsfoto/AudioEye, Inc.) The lawsuit, which included claims of stock manipulation and retaliation under New York Labor Law and intentional infliction of emotional distress, was dismissed with prejudice, meaning the claims cannot be refiled. Additionally, the plaintiff voluntarily abandoned claims of defamation and tortious interference before the Court's ruling. "We are pleased with the Court's decision to dismiss this baseless lawsuit in its entirety Show less Read more
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