Core Viewpoint - The Gross Law Firm is notifying shareholders of Digimarc Corporation regarding a class action lawsuit due to alleged misleading statements and omissions that negatively impacted the company's stock value during a specified 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 failed 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 [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by July 7, 2025, to participate in potential recovery [4]. - Once registered, 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 and fraud, ensuring companies adhere to responsible business practices [5].
The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of Digimarc Corporation(DMRC) Shareholders