C3.ai Shareholders Urged to Participate in Class Action Lawsuit by The Gross Law Firm

Overview of the Case Against C3.ai, Inc.

The Gross Law Firm has recently announced the initiation of a securities class action lawsuit on behalf of those who invested in C3.ai, Inc. (NYSE: AI) shares during a specified period. This significant legal action is primarily aimed at protecting the interests of shareholders who believe their investments were adversely affected by misleading information disseminated by the company.

Allegations

The allegations detailed in the lawsuit indicate that C3.ai's management, particularly its CEO, made overly optimistic statements about the company’s growth trajectory. However, it was later revealed that these statements were founded on materially false information. Specifically, the complaint states that the leadership was aware of adverse facts that impacted the company’s ability to close important business deals.

According to the claims, the management’s inability to effectively handle situations surrounding the CEO’s health and the internal reorganization hampered C3.ai's operations. This ultimately affected their profit margins and growth potential, creating a significant disconnect between how the company was portrayed to investors and its actual state of business.

Market Impact

On August 8, 2025, the situation took a downturn when C3.ai released disappointing preliminary financial results for the first quarter of fiscal year 2026. The company also reduced its revenue guidance for the entire fiscal year 2026, attributing these poor results to the restructuring efforts and the health issues of its CEO.

Following this announcement, there was a dramatic drop in C3.ai's stock price. The shares plummeted approximately 25.58%, falling from a closing price of $22.13 on August 8 to just $16.47 by August 11, indicating a significant loss for investors who had purchased shares during that timeframe.

Class Period and Registration

The class action reflects trades made in C3.ai stock from February 26, 2025, to August 8, 2025. Shareholders who bought shares during this window are strongly encouraged to come forward and interested parties should contact The Gross Law Firm. There isn’t a requirement to be a lead plaintiff to seek recovery in this lawsuit.

Those interested can register their information through The Gross Law Firm’s official website. Additionally, once registered, shareholders will have access to portfolio monitoring services to keep them informed about the case’s progress.

Deadline for Action

Investors looking to be considered for the role of lead plaintiff must complete their registration by October 21, 2025. It is essential for shareholders not to miss this deadline as it could affect their potential recovery in the case. The Gross Law Firm underscores that there are no fees or obligations for participating in this class action suit, making it accessible for affected shareholders.

Why Choose Gross Law Firm?

The Gross Law Firm is a widely recognized class action law firm with a commitment to safeguarding investor rights. Their mission includes pursuing justice for those who have faced losses due to manipulated corporate practices and ongoing support for responsible business conduct in the market.

For C3.ai shareholders who feel impacted by this chain of events and want to ensure their rights are preserved, this class action represents a vital opportunity to seek restitution. Engaging with an established firm like The Gross Law Firm can provide the necessary support and guidance throughout the legal journey ahead.