Alphabet has been sued for securities fraud after its stock price fell 4% because Alphabet allegedly misrepresented the progress of development of its Gemini 3.5 Pro AI model. NEW YORK, Oct. 6, 2026 /PRNewswire/ -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Alphabet Inc. (NASDAQ:GOOG, GOOGL) and certain of the company's senior executives for securities fraud after a significant stock drop resulting from potential violations of the federal securities laws.
Read on prnewswire.com