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July 7, 2025 Deadline: Contact The Gross Law Firm to Join Class Action Suit Against DMRC
DigimarcDigimarc(US:DMRC) Prnewswireยท2025-07-03 13:00

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 that affected the company's stock value during a specified period [1][2]. Summary by Relevant Sections Allegations - The complaint alleges that during the class period from May 3, 2024, to February 26, 2025, Digimarc's defendants made materially false and misleading statements and failed to disclose critical information, including: - A significant commercial partner would not renew a large contract on the same terms [1]. - Digimarc would need to renegotiate this large commercial contract [1]. - The renegotiation would adversely affect the company's subscription revenue and annual recurring revenue [1]. - Consequently, the defendants' positive statements regarding the company's business and prospects were materially misleading or lacked a reasonable basis [1]. Next Steps for Shareholders - Shareholders who purchased shares of DMRC during the specified timeframe are encouraged to register for the class action by July 7, 2025, to potentially become lead plaintiffs [2]. - Registered shareholders will be enrolled in a portfolio monitoring software to receive updates throughout the case lifecycle [2]. Firm's Mission - The Gross Law Firm is a nationally recognized class action law firm dedicated to protecting investors' rights who have suffered due to deceit, fraud, and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that led to artificial inflation of stock prices [3].