Augmented reality device maker Vuzix has filed a defamation lawsuit asking for $80 million in punitive damages, money damages, and interest against a short seller who has publicly claimed that the Amazon Alexa functionality of the company’s Blade smartglasses is fraudulent.

Filed with the Supreme Court of the State of New York, the action was triggered by a report written by self-described “activist investor” Richard Pearson via his MOX reports site on March 16 and subsequently published on Seeking Alpha on March 20.

Vuzix accuses Pearson of conducting “short and distort” tactics, a practice… more


Go to Source

 

Comments are closed.