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C3.AI INVESTOR NOTICE: C3.ai, Inc. Investors with Substantial Losses Have Opportunity to Lead the C3.ai Class Action Lawsuit - RGRD Law
C3.aiC3.ai(US:AI) GlobeNewswire News Roomยท2025-09-02 15:15

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 CEO Thomas M. Siebel's health concerns, which ultimately led to a significant drop in stock price following disappointing financial results [1][4][5]. Group 1: Lawsuit Details - The lawsuit is titled Liggett v. C3.ai, Inc. and is filed in the Northern District of California, seeking to represent purchasers of C3.ai securities [1]. - The complaint claims that C3.ai's optimistic growth reports were misleading and overly reliant on the health of its CEO [4]. - 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 and wish to serve as lead plaintiff must file motions by October 21, 2025 [2][6]. - The lead plaintiff is typically the investor with the greatest financial interest and acts on behalf of all class members [6]. Group 3: Company Background - C3.ai operates as an enterprise artificial intelligence application software company [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized for its success in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [7].