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AI Clean Energy Co. SPAC Suit Should Be Zapped, Judge Says

By Katryna Perera ( February 4, 2025, 8:09 PM EST) -- A federal magistrate judge has recommended dismissing, without prejudice, a derivative shareholder suit accusing the top brass of Stem Inc., an artificial intelligence-driven clean energy company, of making misleading statements leading up to a conflicted merger with a special purpose acquisition company, saying no one should have to "connect the dots" to figure out what is specifically being alleged against them. ...

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