Digimarc(DMRC)
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Kirby McInerney LLP Urges Investors in Digimarc Corporation (DMRC) to Inquire About Their Rights in Class Action Lawsuit
GlobeNewswire News Room· 2025-04-11 00:00
Core Points - A class action lawsuit has been filed against Digimarc Corporation for failing to disclose significant information regarding a large commercial contract during the Class Period from May 2, 2024, to February 26, 2025 [1][4] - Digimarc reported a 10% decrease in quarterly subscription revenue to $5.0 million and a decline in annual recurring revenue to $20.0 million, primarily due to the expiration of a commercial contract [3] - Following the financial results announcement, Digimarc's share price dropped by approximately 43%, from $27.04 to $15.39 [3] Financial Performance - The fourth quarter and full year 2024 results showed a quarterly subscription revenue decrease of 10% to $5.0 million compared to $5.6 million the previous year [3] - Annual recurring revenue fell to $20.0 million from $22.23 million in the previous year, attributed to a $5.8 million decrease due to a contract expiration [3] Legal Proceedings - Investors have until May 9, 2025, to apply to be appointed as lead plaintiff in the class action lawsuit [1] - The lawsuit alleges that Digimarc did not disclose the non-renewal of a significant contract and the subsequent impact on subscription and annual recurring revenue [4]
DMRC INVESTORS: Kirby McInerney LLP Reminds Digimarc Corporation Investors of Important Deadline and Encourages Investors to Contact the Firm
GlobeNewswire News Room· 2025-03-26 00:00
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- The law firm of Kirby McInerney LLP reminds investors that a class action lawsuit has been filed in the U.S. District Court for the Southern District of New York on behalf of those who acquired Digimarc Corporation (“Digimarc” or the “Company”) (NASDAQ:DMRC) securities during the period from May 2, 2024, through February 26, 2025 (“the Class Period”). Investors have until May 9, 2025, to apply to the Court to be appointed as lead plaintiff in the lawsuit. [LEARN ...
Levi & Korsinsky Reminds Digimarc Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of May 9, 2025 - DMRC
Prnewswire· 2025-03-21 09:45
NEW YORK, March 21, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Digimarc Corporation ("Digimarc" or the "Company") (NASDAQ: DMRC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Digimarc investors who were adversely affected by alleged securities fraud between May 2, 2024 and February 26, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/digimarc-corporation-lawsuit ...
Ocho Sends Letter to the Board of Digimarc Corporation
Prnewswire· 2025-03-20 23:11
Calls for CEO Search by a Committee of Independent DirectorsAUSTIN, Texas, March 20, 2025 /PRNewswire/ -- Ocho Investments LLC ("Ocho"), which owns in excess of 5% of the stock of Digimarc Corporation (Nasdaq: DMRC) ("Digimarc" or the "Company"), today sent a letter to the Board of Directors of the Company.In its letter, Ocho detailed Digimarc's poor operating performance, the CEO's misleading public statements and the resulting destruction of shareholder value, with the Company's stock price having decline ...
Digimarc Corporation Sued for Securities Law Violations - Contact The Gross Law Firm Before May 9, 2025 to Discuss Your Rights - DMRC
Prnewswire· 2025-03-20 09:45
NEW YORK, March 20, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Digimarc Corporation (NASDAQ: DMRC).Shareholders who purchased shares of DMRC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.CONTACT US HERE: https://securitiesclasslaw.com/securities/digimarc-corporation-loss-submission-form/?id=137095&from=4 CLASS PERIOD: May 2, 2 ...
DIGIMARC ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Digimarc Corporation and Encourages Investors to Contact the Firm
Globenewswire· 2025-03-20 01:00
Core Viewpoint - A class action lawsuit has been filed against Digimarc Corporation for allegedly making false and misleading statements regarding its business operations and financial prospects during the specified class period [1][3]. Summary by Relevant Sections Lawsuit Details - The lawsuit is filed in the United States District Court for the Southern District of New York on behalf of all individuals and entities who purchased Digimarc securities between May 2, 2024, and February 26, 2025 [1]. - Investors have until May 9, 2025, to apply to be appointed as lead plaintiff in the lawsuit [1]. Allegations Against Digimarc - The Complaint alleges that Digimarc's management failed to disclose critical information, including: 1. A significant commercial partner would not renew a large contract on the same terms [3]. 2. Digimarc would need to renegotiate this large commercial contract [3]. 3. The company's subscription revenue and annual recurring revenue would be negatively impacted as a result [3]. 4. Positive statements made by the defendants regarding the company's business and prospects were materially misleading and lacked a reasonable basis [3].
DRMC Securities Lawsuit Filed Against Digimarc Corporation- Contact the DJS Law Group to Discuss Your Rights
Prnewswire· 2025-03-18 13:09
LOS ANGELES, March 18, 2025 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Digimarc Corporation ("Digimarc" or "the Company") (NASDAQ: DMRC) for violations of the federal securities laws.Shareholders who purchased the Company's securities between May 2, 2024 and February 26, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 9, 2025. DJS Law Group CASE DETAILS: According to the Complaint the company allegedly made misleadi ...
Investors who lost money on Digimarc Corporation(DMRC) should contact Levi & Korsinsky about pending Class Action - DMRC
Prnewswire· 2025-03-18 09:45
NEW YORK, March 18, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Digimarc Corporation ("Digimarc" or the "Company") (NASDAQ: DMRC) of a class action securities lawsuit.CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Digimarc investors who were adversely affected by alleged securities fraud between May 2, 2024 and February 26, 2025. Follow the link below to get more information and be contacted by a member of our team:https://zlk.com/pslra-1/digimarc-corporation-lawsuit ...
TCM|Strategic Provides Update on Fund Holdings
Prnewswire· 2025-03-17 20:45
Group 1 - TCM|Strategic has distributed 1,385,147 common shares of Digimarc Corporation to certain Limited Partners, bringing its total ownership to 2,355,093 shares [1] - TCM|Strategic was formed in September 2020 as a Special Purpose Vehicle specifically for investing in Digimarc Corporation, with an original fund life of four years [2] - Approximately two-thirds of the Limited Partners have agreed to extend the Fund's expiry date by multiple years to maintain full ownership and control of their pro rata interest [2]
The Gross Law Firm Notifies Digimarc Corporation Investors of a Class Action Lawsuit and Upcoming Deadline - DMRC
Prnewswire· 2025-03-17 09:45
Core Viewpoint - The Gross Law Firm is notifying shareholders of Digimarc Corporation regarding a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's stock value [1][2]. Group 1: Allegations - The complaint alleges that during the class period from May 2, 2024, to February 26, 2025, Digimarc's defendants made materially false and misleading statements [2]. - Specific allegations include the failure to disclose that a significant commercial partner would not renew a large contract on the same terms, leading to a renegotiation of the contract [2]. - As a result of these issues, the company's subscription revenue and annual recurring revenue were adversely affected, contradicting the defendants' positive statements about the company's business and prospects [2]. Group 2: Class Action Details - Shareholders are encouraged to register for the class action by May 9, 2025, to potentially become lead plaintiffs [3]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [3]. - Participation in the case incurs no cost or obligation for the shareholders [3]. Group 3: Law Firm's Mission - The Gross Law Firm aims to protect investors' rights who have suffered losses due to deceit, fraud, and illegal business practices [4]. - The firm is committed to ensuring companies engage in responsible business practices and good corporate citizenship [4]. - The firm seeks recovery for investors affected by false or misleading statements that led to artificial inflation of the company's stock [4].