C3.ai(US:AI) Prnewswireยท2025-08-30 02:58Core Viewpoint - A securities class action lawsuit has been filed against C3.ai, Inc. for failing to disclose material information during the class period, leading to significant financial losses for investors [3][4]. Group 1: Lawsuit Details - Investors have until October 21, 2025, to file lead plaintiff applications in the lawsuit against C3.ai, Inc. for securities purchased between February 26, 2025, and August 8, 2025 [1][2]. - The lawsuit alleges that C3 and certain executives violated federal securities laws by not disclosing critical information during the class period [3]. - On August 8, 2025, C3 disclosed disappointing preliminary financial results for Q1 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing the poor performance to a reorganization and health issues of the CEO [3]. Group 2: Financial Impact - Following the announcement of the disappointing results, C3's share price dropped from $22.13 on August 8, 2025, to $16.47 on August 11, 2025, marking a decline of approximately 25.58% [4]. Group 3: Legal Representation - Kahn Swick & Foti, LLC, a prominent securities litigation law firm, is representing the investors in this case, with a strong track record in recovering investment losses due to corporate fraud [4].