Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses In Upstart To Contact Him Directly To Discuss Their Options The same day, during a related earnings call, Defendants blamed Upstart's disappointing results on Model 22, which they revealed had "overreact[ed]" to macroeconomic signals in the quarter, reducing borrower approvals and conversion rates. Defendants also acknowledged that they had "knowingly" calibrated their AI model to be "more conserv ...