Article
Keeping Your AI Disclosure Clean: “AI Washing” In The United States And Lessons For Canadian Issuers
In the first half of 2026, there have been more AI-related securities class action filings in the United States than in all of 2025, representing the highest number of such claims in the last five years1. Many of these class actions involve allegations of “AI washing”—a term used to describe issuers alleged to have exaggerated or misrepresented the role, capabilities, or impact of AI in their business.
Torys LLP