#United States #New York #Class Action #Securities Fraud #C3.ai

Overview

Investors in C3.ai, Inc. (NYSE: AI) are being urged by Levi & Korsinsky, LLP to join a class action lawsuit that addresses serious allegations of securities fraud. The lawsuit encompasses losses incurred between February 26, 2025, and August 8, 2025, targeting those harmed by misleading and false information provided about the company's performance.

The Allegations

According to the recent filings, C3.ai facing claims of delivering misleadingly optimistic statements about its growth and overall health. During a time when conflicting information was being concealed, the leadership of the firm, particularly its CEO, faced significant health issues, which allegedly hampered the company's deal-making ability.

Despite positive claims to the public, C3.ai was grappling with internal turmoil that has now come to light. On August 8, 2025, alarming financial results for the first quarter of fiscal 2026 were revealed, compounded by a downward revision of revenue forecasts for the entire fiscal year 2026. C3.ai's management pinned the dismal performance on an organizational overhaul and the ongoing health struggles of its CEO, leading to a stark drop in stock prices.

Impact on Shareholders

The fallout from the announcements was swift; C3.ai's stock plunged from a closing price of $22.13 on August 8 to a mere $16.47 by August 11. This sudden decline represents a staggering loss of approximately 25.58% in just three days. Investors who find themselves on the losing end of these developments might have the opportunity to recover their losses.

Legal Process and Eligibility

Individuals affected by the alleged securities fraud are encouraged to act promptly, with the deadline to apply for lead plaintiff status set at October 21, 2025. It is crucial to note that participation in the class action does not obligate one to serve in this role. Members of the class could receive compensation without facing any costs or fees upfront to engage in the process.

The Role of Levi & Korsinsky

Levi & Korsinsky boasts a substantial history within securities litigation, having reclaimed hundreds of millions for disgruntled shareholders over the past two decades. With a dedicated team of over 70 professionals, the firm has secured its place in the top echelons of securities litigation firms in the United States, as recognized by ISS Securities Class Action Services.

Contact Information

For investors seeking to explore options and inquire further about their eligibility in this class action, they can visit the dedicated submission link or reach out to:

• - Joseph E. Levi, Esq.

Email: [email protected]
Phone: (212) 363-7500

Potential participants are advised that no financial obligation exists to join the class, and all interested investors are encouraged to act while there’s still time.

Conclusion

In light of the unfolding circumstances surrounding C3.ai, affected shareholders may want to seek legal counsel to evaluate their positions. This ongoing legal matter exemplifies the critical role that transparent communication plays in maintaining investor trust and confidence. Further developments will likely surface as the legal proceedings progress, marking a significant chapter in C3.ai's corporate narrative.