The Gross Law Firm Issues Lead Plaintiff Reminder for C3.ai Shareholders Amid Legal Action
C3.ai Shareholder Alert: Important Legal Update
Overview
The Gross Law Firm has issued a reminder for shareholders of C3.ai, Inc. (NYSE: AI) regarding the imminent deadline for lead plaintiff registration in an ongoing lawsuit. Those who purchased AI shares during a specific class period are urged to take action before the approaching deadline of October 21, 2025.
Details of the Lawsuit
The allegations in the lawsuit are serious. According to the complaint, the defendants provided excessively positive statements to investors, while simultaneously concealing critical adverse information about the company's actual state of growth. Notably, they failed to disclose that the health issues faced by the Chief Executive Officer were significantly hindering C3.ai’s ability to secure deals. Furthermore, the management appears ineffectual in mitigating the impact of these health issues, leading to doubts about the company's potential to realize its profit and growth aspirations.
The situation grew more precarious on August 8, 2025, when C3.ai announced lackluster preliminary financial results for the first fiscal quarter of 2026 and subsequently downgraded its revenue projections for the entire fiscal year. The downturn was attributed to a