TRUE, BUT

Harvey's 15.5 billion dollar valuation is being reported as a milestone. It is a negotiating position: an unclosed round, sourced to people in the talks, at 44 times an annualized run rate, and the headline number includes the money being raised.

The Information's sourced report of 2026-08-07, amplified across trade coverage and legal-AI arms-race pieces through 2026-08-13, with headlines rendering an unclosed round as an achieved mark. Recorded 14 August 2026. Our ruling means: literally true, materially misleading.

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The evidence file for this verdict

6 receipts: 2 support the claim, 0 contradict it, 4 add context. 4 figures on the record, 4 traced to a quoted receipt.

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