Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. concerning allegations of securities fraud and unlawful business practices [2][4]. Group 1: Lawsuit Details - The class action lawsuit involves claims that C3 and certain officers and/or directors engaged in securities fraud or other unlawful business practices [2]. - Investors who purchased C3 securities during the Class Period have until October 21, 2025, to request to be appointed as Lead Plaintiff [2]. Group 2: Financial Performance - On August 8, 2025, C3 announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026 [4]. - The poor sales results and lowered guidance were attributed to "the reorganization with new leadership" and health issues of the Chief Executive Officer [4]. - Following this announcement, C3's stock price fell by $5.66 per share, or 25.58%, closing at $16.47 per share on August 11, 2025 [4].
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in C3.ai, Inc. of Class Action Lawsuit and Upcoming Deadlines - AI