The Ontario Securities Commission has accused the company formerly known as Facedrive Inc. of issuing misleading press releases about its COVID-19 contact-tracing bracelets. The OSC said in a statement of allegations dated April 5 that the company, which has since rebranded as Steer Technologies Inc. STER-X, issued contradictory and misleading news releases about the capabilities and readiness of the technology, which is known as TraceSCAN. The company also failed to correct information about the anticipated release of certain features after it was clear the timeline was inaccurate, according to the OSC. The securities commission levelled accusations against Steer chief executive...