Digimarc(US:DMRC) Prnewswireยท2025-06-30 13:00Core 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 by the company during a specified class period [1][2]. Group 1: Allegations - The complaint alleges that Digimarc failed to disclose that a significant commercial partner would not renew a large contract on the same terms [1]. - As a result of the non-renewal, Digimarc would need to renegotiate the large commercial contract, adversely affecting the company's subscription revenue and annual recurring revenue [1]. - The defendants' positive statements about the company's business and prospects were claimed to be materially misleading or lacked a reasonable basis due to these issues [1]. Group 2: Class Action Details - The class period for the lawsuit is from May 3, 2024, to February 26, 2025 [1]. - Shareholders are encouraged to register for the class action by July 7, 2025, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's status [2]. Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm focused on protecting investors' rights against deceit and fraud [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors who suffered losses due to misleading statements [3].