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C3.AI INVESTOR DEADLINE Robbins Geller Rudman & Dowd LLP Announces that C3.ai, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit
C3.aiC3.ai(US:AI) GlobeNewswire News Roomยท2025-08-27 09:50

Core Viewpoint - The C3.ai class action lawsuit alleges that the company and its executives misled investors regarding the company's revenue outlook and growth potential, particularly in relation to the health of CEO Thomas M. Siebel, leading to significant stock price declines following disappointing financial results [1][4][5]. Group 1: Lawsuit Details - The lawsuit, titled Liggett v. C3.ai, Inc., seeks to represent purchasers of C3.ai securities and claims violations of the Securities Exchange Act of 1934 [1][3]. - The lawsuit alleges that C3.ai's optimistic growth reports were misleading and overly reliant on the CEO's health, which was not disclosed adequately to investors [4][5]. - Following the announcement of disappointing preliminary financial results for Q1 FY 2026 and a reduction in revenue guidance, C3.ai's stock price fell by more than 25% [5]. Group 2: Legal Process - Investors who suffered losses can apply to be the lead plaintiff in the class action lawsuit, with the deadline for motions set for October 21, 2025 [2][6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 3: Company Background - C3.ai operates as an enterprise artificial intelligence application software company [3].