[September 10, 2025]
Glancy Prongay & Murray LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired C3.ai, Inc. (“C3.ai” or the “Company”) (NYSE: AI) securities between February 26, 2025 and August 8, 2025, inclusive (the “Class Period”). C3.ai investors have until October 21, 2025 to file a lead plaintiff motion.
IF YOU SUFFERED A LOSS ON YOUR C3.AI, INC. (AI) INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS
What Happened?
On August 8, 2025, C3.ai released disappointing preliminary financial results for the first quarter of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026, citing “the reorganization with new leadership” and the health ailments of its CEO.
On this news, C3.ai’s stock price fell $5.66, or 25.6%, to close at $16.47 per share on August 11, 2025, thereby injuring nvestors.
What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) C3.ai’s optimistic reports of growth, earnings potential, and anticipated margins fell short of reality as they relied far too heavily on the health and effectiveness of the Company’s CEO; (2) Despite repeated assurances, the Company’s CEO had not sufficiently recovered from his ailments to act in the same capacity for C3.ai as he had previously; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
If you purchased or otherwise acquired C3.ai securities during the Class Period, you may move the Court no later than October 21, 2025 to request appointment as lead plaintiff in this putative class action lawsuit.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the Class you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the Class.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20250910397739/en/
[ Back To TMCnet.com’s Homepage ]