AI enforcement · Securities and Exchange Commission

Presto Automation Inc. settles SEC charges

Presto Automation Inc. · settled · what the party said about AI. The newest step in this record is dated 14 Jan 2025.

The agency’s words

quoted from the release
Party
settled charges against Presto Automation Inc. — SEC.gov | SEC Charges Restaurant-Technology Company Presto Automation for Misleading Statements About AI Product
AI
for making materially false and misleading statements about critical aspects of its flagship artificial intelligence (AI) product, Presto Voice — SEC.gov | SEC Charges Restaurant-Technology Company Presto Automation for Misleading Statements About AI Product
Alleged
The SEC says: it falsely claimed that its own AI product eliminated the need for human order-taking — SEC.gov | SEC Charges Restaurant-Technology Company Presto Automation for Misleading Statements About AI Product
Docket
Administrative Proceeding File No. 3-22413, from ADMINISTRATIVE PROCEEDING File No. 3-22413

Every step

oldest first
  1. 14 Jan 2025 Presto Automation Inc. settles SEC charges · settled Without admitting or denying the SEC’s findings, Presto consented to a cease-and-desist order. — SEC.gov | SEC Charges Restaurant-Technology Company Presto Automation for Misleading Statements About AI Product; date from the release’s date line, “January 14, 2025 - The Securities and Exchange Commission today announced settled charges”

Cite this action

jesseahawkins.com, “Presto Automation Inc.: SEC action that names AI”, AI enforcement record, release read 3 Nov 2026. https://jesseahawkins.com/rules/enforcement/sec-presto/