C3.ai Class Action Lawsuit Filed Over Alleged Securities Violations.

Wednesday, Aug 27, 2025 5:53 am ET2min read

Robbins Geller Rudman & Dowd LLP is announcing a class action lawsuit against C3.ai, Inc. (NYSE: AI) for alleged violations of the Securities Exchange Act of 1934. The lawsuit seeks to represent purchasers or acquirers of C3.ai securities. Lead plaintiff motions must be filed with the court by October 21, 2025.

San Diego, CA – Robbins Geller Rudman & Dowd LLP has announced a class action lawsuit against C3.ai, Inc. (NYSE: AI), alleging violations of the Securities Exchange Act of 1934. The lawsuit, captioned Liggett v. C3.ai, Inc., No. 25-cv-07129 (N.D. Cal.), seeks to represent purchasers or acquirers of C3.ai securities.

The complaint alleges that C3.ai and certain of its executives created a false impression that they possessed reliable information regarding the company's projected revenue outlook and anticipated growth, while minimizing risks to profitability due to CEO Thomas M. Siebel's health concerns. In reality, according to the complaint, C3.ai's optimistic reports of growth, earnings potential, and anticipated margins fell short of reality, heavily relying on the health and effectiveness of its CEO.

On August 8, 2025, C3.ai announced disappointing preliminary financial results for the first quarter of fiscal year 2026 and reduced its revenue guidance for the full fiscal year 2026, attributing its poor sales results and lowered guidance to "the reorganization with new leadership" and the health ailments of its CEO. This announcement resulted in a more than 25% decline in the price of C3.ai stock [1].

The lawsuit also alleges that C3.ai and its executives failed to disclose material information during the class period, which violated federal securities laws. Investors who purchased or acquired C3.ai securities between February 26, 2025, and August 8, 2025, are eligible to participate in the class action lawsuit.

Lead plaintiff motions must be filed with the court by October 21, 2025. Investors with substantial losses can serve as lead plaintiffs and select a law firm of their choice to litigate the case. The lead plaintiff will act on behalf of all other class members in directing the lawsuit. An investor's ability to share in any potential future recovery is not dependent upon serving as a lead plaintiff [2].

Robbins Geller Rudman & Dowd LLP, one of the world's leading law firms representing investors in securities fraud and shareholder litigation, has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, the firm recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined [3].

For more information, investors can visit the following page: https://www.rgrdlaw.com/cases-c3-ai-class-action-lawsuit-ai.html or contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at info@rgrdlaw.com.

References:
[1] https://www.businesswire.com/news/home/20250826881966/en/C3.AI-INVESTOR-NOTICE-Robbins-Geller-Rudman-Dowd-LLP-Announces-That-C3.ai-Inc.-Investors-With-Substantial-Losses-Have-Opportunity-to-Lead-Class-Action-Lawsuit
[2] https://www.morningstar.com/news/business-wire/20250826881966/c3ai-investor-notice-robbins-geller-rudman-dowd-llp-announces-that-c3ai-inc-investors-with-substantial-losses-have-opportunity-to-lead-class-action-lawsuit
[3] https://www.globenewswire.com/news-release/2025/08/27/3139687/6713/en/C3-AI-SHAREHOLDER-ALERT-BY-FORMER-LOUISIANA-ATTORNEY-GENERAL-KAHN-SWICK-FOTI-LLC-REMINDS-INVESTORS-WITH-LOSSES-IN-EXCESS-OF-100-000-of-Lead-Plaintiff-Deadline-in-Class-Action-Lawsu.html

Comments



Add a public comment...
No comments

No comments yet