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Class Action Filed Against Digimarc Corporation (DMRC) Seeking Recovery for Investors – Contact The Gross Law Firm
DigimarcDigimarc(US:DMRC) GlobeNewswire News Room·2025-06-26 20:45

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 failure to disclose critical information during a specified class period [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 made materially false and misleading statements, specifically regarding: 1. A significant commercial partner's decision not to renew a large contract on the same terms. 2. The need for Digimarc to renegotiate this large commercial contract. 3. The adverse impact on the company's subscription revenue and annual recurring revenue due to the renegotiation. 4. Misleading positive statements about the company's business and prospects as a result of the above issues [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 7, 2025, to participate in the case without any cost or obligation [4]. - Upon registration, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [4]. Law Firm's Mission - The Gross Law Firm aims to protect investors' rights against deceit, fraud, and illegal business practices, ensuring companies adhere to responsible business practices [5].