Digimarc(US:DMRC) Prnewswire·2025-05-19 19:01Core Viewpoint - The Gross Law Firm is notifying shareholders of Digimarc Corporation regarding a class action lawsuit due to alleged misleading statements and omissions that affected the company's stock value during a specified period [1][2]. Group 1: Allegations and Class Period - The class period for the allegations is from May 3, 2024, to February 26, 2025 [2]. - The complaint claims that Digimarc failed 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 the renegotiation, the company's subscription revenue and annual recurring revenue would be negatively impacted, contradicting the defendants' positive statements about the company's business and prospects [2]. Group 2: Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 7, 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 dedicated 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].