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ATTENTION NYSE: AI INVESTORS: Contact Berger Montague About a C3.ai, Inc. Class Action Lawsuit
C3.aiC3.ai(US:AI) GlobeNewswire News Roomยท2025-09-03 21:07

Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. by Berger Montague PC on behalf of investors who acquired shares during the specified class period, alleging misleading statements regarding the company's growth and CEO's health [1][3]. Company Overview - C3.ai, headquartered in Redwood City, California, is recognized as a leading provider of enterprise artificial intelligence software [2]. Legal Action Details - The lawsuit claims that C3.ai and certain executives made materially false and misleading statements or failed to disclose adverse information about the company's growth prospects and the impact of the CEO's health on operations [3]. - Investors who purchased C3.ai securities during the class period have until October 21, 2025, to seek appointment as lead plaintiff representatives [2]. Financial Impact - On August 8, 2025, C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its full-year revenue guidance, attributing this to leadership reorganization and the CEO's health [3]. - Following this announcement, C3.ai's stock price fell from $22.13 per share on August 8 to $16.47 per share on August 11, marking a decline of over 25% [3].