Digimarc(DMRC) Prnewswire·2025-06-09 09:45Core Viewpoint - The Gross Law Firm has issued a notice to 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 - The complaint alleges that during the class period from May 3, 2024, to February 26, 2025, Digimarc's defendants made materially false and/or misleading statements [1]. - Key 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 that adversely affected subscription revenue and annual recurring revenue [1]. Group 2: Class Action Details - Shareholders who purchased shares of Digimarc during the specified class period are encouraged to register for the class action, with a deadline of July 7, 2025, to seek lead plaintiff status [2]. - Participants will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle, with no cost or obligation to participate [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights against deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements or omissions [3].