C3.ai(US:AI) Prnewswireยท2025-09-11 12:45Core Points - C3.ai, Inc. is facing a class action lawsuit due to allegations of providing misleading statements about its growth and the impact of its CEO's health on business operations [1][2] - The company announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing these issues to leadership reorganization and the CEO's health [1] - Following the announcement, C3.ai's stock price dropped approximately 25.58%, from $22.13 on August 8, 2025, to $16.47 on August 11, 2025 [1] Shareholder Information - Shareholders who purchased shares during the class period from February 26, 2025, to August 8, 2025, are encouraged to register for the class action and can do so without any cost or obligation [2] - The deadline for shareholders to seek lead plaintiff status is October 21, 2025 [2] Legal Representation - The Gross Law Firm is representing the shareholders and aims to protect investors' rights against deceit and fraud in business practices [3]