Evolv Technology (EVLV) Announces Resolution of FTC Inquiry

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Go back to Evolv Technology (EVLV) Announces Resolution of FTC Inquiry

Evolv Announces Resolution of FTC Inquiry

November 26, 2024 4:02 PM EST

Evolv Does Not Admit Wrongdoing; Resolution Does Not Include Monetary Relief

FTC Does Not Challenge Core Product Efficacy; Order Involves Approximately 4% of Installed Base

Company Reaffirms Commitment to Innovation, Integrity, and Customer Trust

WALTHAM, Mass.--(BUSINESS WIRE)-- Evolv Technology (NASDAQ: EVLV), a leading security technology company pioneering AI-based solutions designed to create safer experiences, today announced that it has resolved the United States Federal Trade Commissions (FTC) inquiry into certain aspects of the Companys prior marketing claims.... More