#United States #Robbins Geller #San Diego #Class Action #C3.ai

C3.ai Investors Alert: Class Action Lawsuit Filed

On October 7, 2025, Robbins Geller Rudman & Dowd LLP announced a pertinent class action lawsuit against C3.ai, Inc., labeled Liggett v. C3.ai, Inc., No. 25-cv-07129 (N.D. Cal.). The lawsuit targets not just C3.ai, but also its executives, who are accused of breaching the Securities Exchange Act of 1934.

Background of the Lawsuit

In essence, the lawsuit centers around allegations that C3.ai misled investors regarding its projected revenue and growth outlook. The firm asserts that these misrepresentations painted a misleading picture of the company's financial health, exacerbated by concerns regarding CEO Thomas M. Siebel's health. The lawsuit claims that while C3.ai suggested promising growth and earnings potential, reality showed a much different scenario, relying heavily on the CEO's personal effectiveness and health status.

Decreased Revenue Guidance

The situation escalated on August 8, 2025, when C3.ai released disappointing preliminary financial results for the first quarter of fiscal year 2026. Accompanied by a reduction of revenue guidance for the fiscal year, the company attributed its poor performance to both leadership changes and CEO health issues. The announcement triggered a fall in C3.ai's stock price of over 25%, indicating the weight of investor discontent following the news.

Who Can Lead the Class Action?

Under the Private Securities Litigation Reform Act of 1995, investors who acquired C3.ai securities during the designated Class Period can apply to be the lead plaintiff in the ongoing case. Typically, the lead plaintiff is the one with the most substantial financial interest among the class members. This position allows them to represent all class participants and guide the litigation process. Furthermore, the lead plaintiff has the option to select their preferred legal representation.

About Robbins Geller

Robbins Geller Rudman & Dowd LLP is a prestigious law firm known for its representation of investors in securities fraud cases. It has consistently ranked as a top firm in terms of monetary relief secured for investors, recovering over $2.5 billion in 2024 alone. This robust reputation establishes their credibility as they pursue this class action lawsuit.

Deadline for Lead Plaintiff Application

Interested investors are urged to file their applications to become the lead plaintiff by October 21, 2025. Those suffering significant financial losses in their investment journey with C3.ai are encouraged to participate. More information can be found here.

Conclusion

As the details of this class action unfold, affected investors are presented with a critical opportunity to seek recovery under the law. The actions taken in the coming weeks will shape the landscape of accountability and recovery in the wake of this high-profile securities case.