C3.ai(US:AI) Prnewswire·2025-10-08 18:36Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. for allegedly misleading investors regarding its growth prospects and failing to disclose significant adverse factors affecting its performance [2]. Group 1: Lawsuit Details - The lawsuit is initiated by Berger Montague PC on behalf of investors who acquired C3.ai shares between February 26, 2025, and August 8, 2025 [1]. - Investors have until October 21, 2025, to seek appointment as lead plaintiff representatives [1]. - The lawsuit claims that C3.ai concealed the impact of its CEO's health on deal execution and operational performance [2]. Group 2: Financial Performance - On August 8, 2025, C3.ai reported preliminary financial results for Q1 fiscal 2026 that did not meet expectations and lowered its revenue forecast [2]. - The company's stock price dropped over 25% in a single trading day, falling from $22.13 to $16.47 per share [2].