AnalytixInsight Inc V.ALY

Intesa Sanpaolo- TELL US WHY SH'S MAY HAVE BEEN MISLEAD?

[oilcan2012]

Something must have happened? Why has Intesa Sanpaolo abandoned Marketwall? 
 
Did Intesa Sanpaolo ever demand that AnalytixInsight stop overtly ‘promoting’ what appeared to be  a ‘field of dreams’ to what is now a complete ‘field of putrid, toxic garbage’?  Who in the hell is responsible? 
 
This guy maybe?    Stefano Barrese, Intesa Sanpaolo’s Head of the Banca dei Territori Division: “The partnership with InvestoPro, the newly created Sim of our fintech subsidiary MarketWall, allows us to complete our digital offer by providing customers, especially those who wish to manage a part of their assets independently, a next-generation trading platform, equipped with the best information, training and trading tools.”
 
This guy maybe?    Marco Roscio Ricon, CEO of MarketWall and InvestoPro Sim: “Technology pervades our everyday life: digitalisation, social networks and artificial intelligence are now essential aspects in the creation of innovative products and services. With this in mind, we have created InvestoPro, the first FinTech Sim. A first step as part of a broader disruptive innovation process that will soon see the offer of payment services, social trading and much more.”
 
FACT: “As of February 2024, the InvestoPro platform had fewer than 1000 active users.”
 
Don’t shareholders have a right to be told the truth? Things change, however is there not a moral and legal obligation for a Board of Directors to ensure shareholders are told of changing circumstances?  Is the Board of Directors not responsible to hold the CEO to a high standard, including organizational performance?
 
https://financialpost.com/globe-newswire/marketwall-analytixinsight-and-intesa-sanpaolo-present-investopro-sim
 
https://www.analytixinsight.com/news/analytixinsight-provides-an-additional-update-on-marketwall

[Gulag2011]

Securities class actions are lawsuits brought against public companies by a group of their shareholders for losses incurred as a result of misrepresentations made.