Joonko Diversity Inc.
Case Number:
1:24-bk-11007
Court:
Nature of Suit:
Firms
Companies
Sectors & Industries:
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June 11, 2024
AI Hiring Platform's Ex-CEO Charged With $27M Fraud
The founder of hiring startup Joonko Diversity Inc. has been charged with fraud, with prosecutors saying Tuesday that she deceived investors into dumping $27 million into a platform that supposedly used artificial intelligence to help companies recruit diverse job candidates.
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May 20, 2024
Red Lobster Filing, Giuliani Deal, New Jersey's Rise As Venue
Seafood restaurant chain Red Lobster filed for bankruptcy in Florida with $294 million in funded debt after a failed "endless shrimp" promotion, Rudy Giuliani and two election workers who sued him for defamation said they were close to a deal to resolve a lawsuit filed in his bankruptcy case, and a top New Jersey judge disclosed the Garden State was the second-busiest bankruptcy venue over the past year.
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May 17, 2024
AI Staffing Co., Payday Lender Lead Week's Mid-Cap Ch. 11s
Bankruptcy courts saw a flurry of filings this week from mid-cap companies, encompassing everything from old-school grocers to the vanguard of the AI industry.
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May 16, 2024
Joonko Says Ch. 11 Needed To Handle Fraud Liability
Artificial intelligence-powered employee recruitment venture Joonko told a Delaware bankruptcy court Thursday it hopes to use Chapter 11 to resolve the legal mess left by its ex-CEO's fraud by this fall.
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May 15, 2024
AI Job Recruiter Joonko Blames CEO Fraud For Ch. 11 Filing
AI-powered employee recruitment venture Joonko Diversity Inc. has filed for Chapter 11 protection in a Delaware bankruptcy court, saying its business had rested almost entirely on fraudulent claims made by its ex-CEO.