Teleperformance Failed to Dismiss Revised Securities Fraud Suit

Teleperformance SE failed to get a securities fraud suit stemming from its practices in the so-called egregious content moderation space dismissed, a federal judge said.

Forbes reported that Teleperformance Tiktok moderators were being trained on sexually exploitative images of children, raising questions over whether the company was complying with applicable laws and regulations, according to the opinion from the US District Court for the Southern District of Florida.

The French company trades American Depositary Receipts over the counter in the US. And, the investors who filed the proposed class action, including municipal employees’ retirement systems, said that Teleperformance made a ...