NEW YORK, Aug. 26, 2025 (GLOBE NEWSWIRE) — Wolf Haldenstein Adler Freeman & Herz LLP is notifying investors about a securities class action lawsuit against C3.ai, Inc. ( NYSE: AI) (“C3.ai” or the “Company”).
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C.ai, Inc. Class Action Lawsuit Summary
- Class Period: February 26, 2025 – August 8, 2025
- Court: United States District Court for the Northern District of California
- Lead Plaintiff Deadline: October 21, 2025
Allegations:
The lawsuit alleges that C3.ai and its executives misled investors by making overly positive statements while concealing material adverse facts:
- The CEO’s health issues significantly hindered the company’s ability to close deals.
- Management failed to minimize the impact of the CEO’s health on operations.
- As a result, C3.ai could not deliver on its profit and growth potential.
Triggering Event:
Stock Impact:
- August 8, 2025: Closed at $22.13/share
- August 11, 2025: Fell to $16.47/share
- Drop: ~25.6% in a single trading day.
Next Steps for Investors:
Why Wolf Haldenstein Adler Freeman & Herz LLP?:
This illustrious firm, founded in 1888, is steadfast in their pursuit of justice for investors who have suffered financial harm due to these misrepresented statements. The law firm brings to the fore over 125 years of legal expertise in securities litigation and has a proven track record of protecting the rights of investors.
We encourage all investors who have been affected or have information that will assist in our investigation, to contact Wolf Haldenstein Adler Freeman & Herz LLP.
Contact:
Firm Website: Wolf Haldenstein Adler Freeman & Herz LLP
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