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AudioEye announces dismissal of lawsuit against company and CEO David Moradi

AudioEye (AEYE) announced that the Supreme Court of the State of New York has dismissed in full the lawsuit brought by former employee David Kovacs against the company, CEO David Moradi, and Chairman of the Board Carr Bettis. 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.

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