C3.ai(US:AI) Prnewswireยท2025-09-10 12:38Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. on behalf of investors who purchased shares during the specified class period, following the company's disappointing financial disclosures and leadership issues [1][3]. Group 1: Class Action Lawsuit - The lawsuit is initiated by Berger Montague PC for investors who acquired C3.ai shares from February 26, 2025, to August 8, 2025 [1][2]. - Investors have until October 21, 2025, to seek appointment as lead plaintiff representative of the class [2]. Group 2: Financial Performance - On August 8, 2025, C3.ai reported weak preliminary financial results for Q1 FY2026 and lowered its full-year revenue guidance, citing leadership changes and the CEO's health as contributing factors [3]. - Following the announcement, C3.ai's stock price fell from $22.13 to $16.47, marking a one-day loss of over 25% [3]. Group 3: Company Overview - C3.ai is based in Redwood City, California, and specializes in delivering scalable enterprise AI applications for various sectors, including commercial, industrial, and government [2].