--- title: "Tempus investors file a lawsuit against short-selling firms over AI and CEO allegations" description: "Tempus AI is facing a class-action lawsuit for allegedly misleading investors, with the lawsuit claiming it concealed weaknesses in its operations and revenue outlook. On May 28, a report from a short" type: "news" locale: "en" url: "https://longbridge.com/en/news/244515638.md" published_at: "2025-06-13T21:51:49.000Z" --- # Tempus investors file a lawsuit against short-selling firms over AI and CEO allegations > Tempus AI is facing a class-action lawsuit for allegedly misleading investors, with the lawsuit claiming it concealed weaknesses in its operations and revenue outlook. On May 28, a report from a short-selling firm accused Tempus of exaggerating AI-driven revenue, causing the stock price to drop more than 19% that day, closing at $53.20. This is the largest single-day decline since its listing in June 2024 A proposed class action lawsuit claims that Tempus AI misled investors about its trading value and artificial intelligence (AI) capabilities, concealing weaknesses in its operations and revenue prospects. According to a complaint filed Thursday in the U.S. District Court for the Northern District of Illinois, a report from a short-selling firm on May 28 accused Tempus of exaggerating its AI-driven revenue and questioned the work experience of its executives, leading to a stock price drop of over 19% that day, closing at $53.20. According to data compiled by Bloomberg, this marks the largest single-day decline in stock price for the AI medical analytics company since its listing in June 2024 ### Related Stocks - [TEM.US - Tempus AI](https://longbridge.com/en/quote/TEM.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Tempus AI EVP Erik Phelps Sells Shares | Erik Phelps, EVP and Chief Admin. Officer of Tempus AI, sold 9,464 shares of Class A Common Stock on February 19, 2026, | [Link](https://longbridge.com/en/news/276495655.md) | | BUZZ-Tempus AI climbs on $1.1 billion contract value | Tempus AI's shares rose 10.4% to $73.19 after announcing a record contract value exceeding $1.1 billion and a net revenu | [Link](https://longbridge.com/en/news/272259146.md) | | Brazil's Copasa says bookrunners tapped for potential privatization share offering | Companhia de Saneamento de Minas Gerais Copasa MG :BTG PACTUAL, ITAU BBA, BOFA, CITI AND UBS BB TAPPED AS BOOKRUNNERS OF | [Link](https://longbridge.com/en/news/276494934.md) | | Hasbro Enters Into Fourth Amended Revolving Credit Agreement | Hasbro Inc :HASBRO INC - ENTERS INTO FOURTH AMENDED REVOLVING CREDIT AGREEMENT - SEC FILINGHASBRO INC - SECURES $1.1 BIL | [Link](https://longbridge.com/en/news/276493551.md) | | Cruise operator Carnival to unify dual listing | Carnivalannounced plans to unify its dual listings in New York and London and redomicile to Bermuda. The UK-listed Carni | [Link](https://longbridge.com/en/news/276491689.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.