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C3.ai Q1 FY26 financials disappoint, lawsuit filed.
ByAinvest
Saturday, Sep 13, 2025 11:30 am ET1min read
• C3.ai class action lawsuit filed against the company and officers. • Securities fraud and unlawful business practices alleged. • Lead Plaintiff appointment deadline is October 21, 2025. • Preliminary financial results for Q1 FY26 disappointing. • Lawsuit concerns digital data and financial performance.
San Diego, September 12, 2025 — Robbins LLP has filed a class action lawsuit against C3.ai, Inc. (NYSE: AI), alleging securities fraud and unlawful business practices. The lawsuit was filed on behalf of shareholders who purchased or otherwise acquired C3.ai securities between February 26, 2025, and August 8, 2025.The complaint alleges that C3.ai, Inc. failed to disclose the impact of its CEO's health on the company's business prospects and the company's inability to execute upon its profit and potential growth. The lawsuit further alleges that the company misled investors regarding its financial performance and the impact of its CEO's health on its business operations.
On August 8, 2025, C3.ai announced disappointing preliminary financial results for the first quarter of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026. The company attributed its poor sales results and lowered guidance to the reorganization with new leadership and the health ailments of its Chief Executive Officer. This announcement led to a significant decline in the price of C3.ai common stock, falling from $22.13 per share to $16.47 per share within three days.
Shareholders who wish to participate in the class action must submit their papers to the court by October 21, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. Shareholders are not required to participate in the case to be eligible for a recovery. If shareholders choose to take no action, they can remain an absent class member.
The lawsuit is seeking damages for investors who lost money due to the company's alleged misconduct. Robbins LLP is a recognized leader in shareholder rights litigation and has been dedicated to helping shareholders recover losses and hold company executives accountable for their wrongdoing since 2002.
For more information, shareholders can contact Aaron Dumas, Jr. at Robbins LLP at (800) 350-6003 or visit their website at www.robbinsllp.com.
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