Skip to content
The San Antonio

Rackspace Technology, executives named in securities fraud lawsuit over AI strategy

Rackspace Technology, executives named in securities fraud lawsuit over AI strategy
Photo: KSAT 12 (ABC affiliate) · view original

A securities fraud class-action lawsuit has been filed against San Antonio-based Rackspace Technology Inc. and senior executives, which were unnamed. The complaint alleges the company misled investors about its artificial intelligence strategy and the impact those investments would have on the co...

Sources and story details