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The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of July 7, 2025 in Digimarc Corporation Lawsuit – DMRC
DigimarcDigimarc(US:DMRC) GlobeNewswire News Room·2025-06-09 17:36

Core 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 related to a significant commercial contract [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from May 3, 2024, to February 26, 2025 [3]. - Allegations include that Digimarc's management failed to disclose that a major commercial partner would not renew a large contract on the same terms, leading to a renegotiation that would adversely affect subscription revenue and annual recurring revenue [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 7, 2025, to monitor the case's progress [4]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit and fraud, ensuring companies adhere to responsible business practices [5].