Core Points - A class action lawsuit has been filed against C3.ai, Inc. on behalf of investors who purchased shares between February 26, 2025, and August 8, 2025 [1][2] - C3.ai is an artificial intelligence technology company that provides scalable enterprise AI applications for various sectors [2] - On August 8, 2025, C3.ai reported weak preliminary financial results for Q1 FY2026 and lowered its full-year revenue guidance, leading to a significant drop in share price from $22.13 to $16.47, a decline of over 25% in one day [3] Company Information - C3.ai is headquartered in Redwood City, California, and focuses on delivering AI applications for commercial, industrial, and government use [2] - The company experienced leadership changes and issues related to the CEO's health, which contributed to the decline in financial performance [3] Legal Context - Investors have until October 21, 2025, to seek appointment as lead plaintiff representative in the class action lawsuit [2] - Berger Montague, the law firm representing the plaintiffs, has a long history in securities class action litigation, having served investors for over five decades [4]

Core Viewpoint - A securities fraud class action lawsuit has been filed against C3.ai, Inc. alleging misrepresentations regarding the company's business and the impact of the CEO's health on its operations [2][3]. Group 1: Lawsuit Details - The lawsuit was initiated in the United States District Court for the Northern District of California on behalf of investors who acquired C3 securities between February 26, 2025, and August 8, 2025 [2]. - Allegations include that the CEO's health significantly affected C3 AI's ability to close deals and that management failed to mitigate this impact, hindering the company's profit and growth potential [3]. Group 2: Legal Representation - Investors wishing to serve as lead plaintiffs must file by October 21, 2025, with the option to remain absent class members without affecting their ability to share in any recovery [4]. - All legal representation is on a contingency fee basis, meaning shareholders incur no fees or expenses [4]. Group 3: Law Firm Background - Bernstein Liebhard LLP has recovered over $3.5 billion for clients since 1993 and has represented large public and private pension funds [5]. - The firm has been recognized multiple times for its success in litigating class actions, being named to The National Law Journal's "Plaintiffs' Hot List" and listed in The Legal 500 for sixteen consecutive years [5].

Core Viewpoint - 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 the company's performance, leading to a significant drop in stock price following disappointing financial results [1][2]. Group 1: Allegations and Impact - The lawsuit claims that C3.ai's management made overly positive statements while concealing material adverse facts about the company's growth potential and the CEO's health issues [1]. - On August 8, 2025, C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing the poor performance to "the reorganization with new leadership" and the CEO's health [1]. - Following the announcement, C3.ai's stock price plummeted from $22.13 per share to $16.47 per share, marking a decline of approximately 25.58% in just one day [1]. Group 2: Class Action Details - Shareholders who purchased shares of C3.ai during the specified class period (February 26, 2025, to August 8, 2025) are encouraged to register for the class action lawsuit [2]. - The deadline for shareholders to seek lead plaintiff status is October 21, 2025, and there is no cost or obligation to participate in the case [2].

Core Viewpoint - A class action lawsuit has been filed against C3.ai, alleging that the company and its executives misled investors regarding its financial health and growth prospects, violating the Securities Exchange Act of 1934 [1][2]. Company Summary - The lawsuit claims that C3.ai projected an overly optimistic view of its revenue and growth potential, while downplaying risks associated with CEO Thomas M. Siebel's health issues [2]. - The case highlights a significant drop in C3.ai's stock price, which fell by more than 25% following the company's disappointing financial announcement on August 8, 2025, where it disclosed preliminary first-quarter results that did not meet expectations and lowered its revenue guidance for the fiscal year [3]. - The lawsuit seeks to represent investors who purchased C3.ai securities during the class period from February 26, 2025, to August 8, 2025, and those interested in serving as lead plaintiffs must file a motion by October 21, 2025 [4]. Industry Context - The investigation focuses on whether C3.ai's public statements were misleading, particularly regarding the impact of CEO Siebel's health on the company's ability to achieve financial targets [5]. - Hagens Berman, the law firm leading the investigation, emphasizes the importance of corporate accountability and has a history of securing significant recoveries for investors harmed by corporate negligence [6].

Core Viewpoint - C3.ai, Inc. is facing a class action securities lawsuit due to alleged securities fraud that negatively impacted investors between February 26, 2025, and August 8, 2025 [1][2] Group 1: Allegations and Impact - The lawsuit claims that C3.ai's management provided misleading positive statements while concealing adverse facts about the company's growth, particularly regarding the health of its CEO and its impact on deal closures [2] - On August 8, 2025, C3.ai 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 "the reorganization with new leadership" and the CEO's health problems [2] - Following the announcement, C3.ai's stock price plummeted from $22.13 per share on August 8, 2025, to $16.47 per share on August 11, 2025, marking a decline of approximately 25.58% in just one day [2] Group 2: Legal Proceedings and Participation - Investors who suffered losses during the specified timeframe have until October 21, 2025, to request to be appointed as lead plaintiff in the class action lawsuit [3] - Participation in the lawsuit does not require serving as a lead plaintiff, and class members may be entitled to compensation without any out-of-pocket costs [3] Group 3: Law Firm Background - Levi & Korsinsky, LLP has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4]

Core Viewpoint - The C3.ai class action lawsuit alleges that the company and its executives misled investors regarding the company's revenue outlook and growth potential, particularly in relation to CEO Thomas M. Siebel's health concerns, which ultimately led to a significant drop in stock price following disappointing financial results [1][4][5]. Group 1: Lawsuit Details - The lawsuit is titled Liggett v. C3.ai, Inc. and is filed in the Northern District of California, seeking to represent purchasers of C3.ai securities [1]. - The complaint claims that C3.ai's optimistic financial projections were not reflective of reality and were overly dependent on the health of its CEO [4]. - Following the announcement of disappointing preliminary financial results for Q1 FY 2026 and a reduction in revenue guidance, C3.ai's stock price fell by more than 25% [5]. Group 2: Legal Process - Investors who suffered losses and wish to serve as lead plaintiff must file their motions by October 21, 2025 [2][6]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [6]. Group 3: Company Background - C3.ai operates as an enterprise artificial intelligence application software company [3]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized for its success in securities fraud litigation, having recovered over $2.5 billion for investors in 2024 alone [7].

Core Viewpoint - 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 the company's performance, leading to a significant drop in stock price following disappointing financial results [1]. Group 1: Allegations and Impact - The lawsuit claims that C3.ai's management made overly positive statements while concealing material adverse facts about the company's growth potential and the CEO's health issues [1]. - On August 8, 2025, C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing the poor performance to "the reorganization with new leadership" and the CEO's health [1]. - Following the announcement, C3.ai's stock price plummeted from $22.13 per share to $16.47 per share, marking a decline of approximately 25.58% in just one day [1]. Group 2: Class Action Details - Shareholders who purchased shares of C3.ai during the class period from February 26, 2025, to August 8, 2025, are encouraged to register for the class action lawsuit [2]. - The deadline for shareholders to seek lead plaintiff status is October 21, 2025, and there is no cost or obligation to participate in the case [2].

Core Insights - C3 AI has been recognized as a Leader in Verdantix's Green Quadrant: Industrial AI Analytics Software (2025) report, achieving the highest overall scores in capabilities and momentum [1] Group 1 - The report evaluates Enterprise AI analytics software vendors specifically in predictive maintenance and supply chain solutions [1] - C3 AI continues to demonstrate strong performance in the industrial AI analytics software market [1]

Core Viewpoint - A class action lawsuit has been filed against C3.ai, Inc. for alleged violations of the Securities Exchange Act of 1934 and related SEC rules [1] Summary by Relevant Sections - The lawsuit pertains to violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1] - Shareholders who purchased shares of C3.ai during the specified class period are encouraged to contact the law firm for potential lead plaintiff appointments [1]

Core Viewpoint - A class action securities lawsuit has been filed against C3.ai, Inc. due to alleged securities fraud affecting investors between February 26, 2025, and August 8, 2025 [1][2]. Group 1: Lawsuit Details - The lawsuit claims that C3.ai's management made overly positive statements while concealing material adverse facts about the company's growth, particularly regarding the health of its CEO and its impact on deal closures [2]. - On August 8, 2025, C3.ai announced disappointing preliminary financial results for Q1 of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing the poor performance to "the reorganization with new leadership" and the CEO's health issues [2]. - Following the announcement, C3.ai's stock price dropped from $22.13 per share to $16.47 per share, marking a decline of approximately 25.58% in just one day [2]. Group 2: Next Steps for Investors - Investors who suffered losses during the specified timeframe have until October 21, 2025, to request appointment as lead plaintiff, although participation in any recovery does not require serving as a lead plaintiff [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a strong track record in securities litigation, having secured hundreds of millions of dollars for shareholders over the past 20 years [4]. - The firm has been recognized in ISS Securities Class Action Services' Top 50 Report for seven consecutive years as one of the leading securities litigation firms in the United States [4].