OAKLAND, Calif.–(BUSINESS WIRE)–$RZLV #AI–Shares of Rezolve AI Plc (“Rezolve AI”) fell by as much as 15% in intraday trading on September 29, 2025, after Fuzzy Panda Research published a report accusing the company of overstating its revenue growth and grossly misrepresenting its artificial intelligence capabilities. Gibbs Mura is investigating a potential Rezolve AI (NASDAQ: RZLV) Securities Class Action Lawsuit concerning whether Rezolve AI has violated federal securities laws by providing false or misleading statements to investors.
IF YOU INVESTED IN RZLV, YOU MAY BE ABLE TO RECOVER YOUR LOSSES. VISIT OUR REZOLVE AI LAWSUIT INVESTIGATION WEBPAGE OR CALL US AT (888) 410-2925 TO LEARN MORE.
What is the Rezolve AI Lawsuit Investigation About?
On September 29, 2025, Fuzzy Panda Research published a report alleging that Rezolve AI has overstated its revenue growth and AI capabilities. According to Fuzzy Panda, when Rezolve AI went public via SPAC merger in late 2024, it began touting itself as an AI company, but now, former employees claim it was all “marketing hype,” and the company actually had $0 revenue from AI. The report similarly alleges that the company’s 2024 revenue was less than $190,000 and came entirely from soccer ticket sales rather than AI-related projects.
Former employees interviewed by Fuzzy Panda also say that Rezolve AI’s claims of building a “proprietary LLM” (Large Language Model) are bogus, and it was merely using “ChatGPT wrappers.” Fuzzy Panda notes that some venture capitalists categorize “ChatGPT Wrapper Companies” [like Rezolve AI] as “worthless & non-defensible” companies with thin margins.
The report adds that Rezolve AI is “faking ARR growth by acquiring failing AI start-ups with declining revenue,” including an undisclosed acquisition of ViSenze, a “failing” Singapore AI company.
Following the report, shares of Rezolve AI fell by as much as 15% in intraday trading on September 29, 2025, causing harm to investors.
About Gibbs Mura, A Law Group
Gibbs Mura represents investors nationwide in securities litigation. The firm has recovered over $1 billion for its clients against some of the world’s largest corporations, and our attorneys have received numerous honors for their work, including “Best Lawyers in America,” “Top Plaintiff Lawyers in California,” “California Lawyer Attorney of the Year,” “Class Action Practice Group of the Year,” “Consumer Protection MVP,” and “Top Women Lawyers in California.”
This press release may constitute Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
PRESS CONTACT: CATHERINE CONROY
PHONE: 510.350.9705
EMAIL: [email protected]
