Schall Law Firm Files Class Action Lawsuit for Digimarc Shareholders Amid Allegations of Misleading Statements
On June 6, 2025, the Schall Law Firm, a well-known litigation firm advocating for shareholder rights, announced its decision to file a class action lawsuit against Digimarc Corporation. This lawsuit, formally titled Ullom v. Digimarc Corporation et al., has been filed in the U.S. District Court for the District of Oregon, specifically in the Portland Division. The lawsuit pertains to claims made under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934. The action targets investors who purchased or acquired Digimarc securities within the time frame from May 3, 2024, to February 26, 2025, a period noted as the 'Class Period.'
The claims against Digimarc involve allegations that the company made several misleading statements regarding its business operations and contractual agreements. In particular, it was revealed that a significant partner of Digimarc did not intend to renew its contract under the previously agreed terms. As a result of this revelation, it became necessary for Digimarc to renegotiate the large commercial contract. The lawsuit claims that such developments adversely affected the company's subscription revenue and annual recurring revenue, contrary to what Digimarc had indicated to its investors.
These misleading public statements led to confusion in the market, which ultimately resulted in losses for the shareholders. Once the truth emerged about Digimarc's contract renegotiation and its impact on financial performance, it became evident that the public statements made during the class period were not only misleading but significantly detrimental to investor interests. One of the pressing reminders for current and potential plaintiffs is that they have until July 8, 2025, to file a motion with the court should they wish to serve as lead plaintiffs in this case.
The Schall Law Firm has a track record of representing investors globally and specializes in various securities class-action lawsuits. The firm's representatives encourage any shareholders who have experienced losses to reach out for a discussion regarding their legal rights. Brian Schall, an attorney at the firm, is available at their Los Angeles office to provide free consultations concerning potential participation in the class action.
Despite the lawsuit being filed, it’s crucial to note that as of now, the class has not yet been certified. Until the certification occurs, affected investors may find themselves as absent class members if they choose not to take any action. The firm is focused on ensuring that all investors are informed and empowered to make decisions regarding their investments.
In conclusion, the Schall Law Firm's initiative to file this lawsuit marks an essential step in addressing shareholder grievances against Digimarc Corporation. As the legal proceedings unfold, shareholders will be closely watching how the court responds to the allegations of misleading representations that have sparked concerns over corporate governance and shareholder rights. Investors are encouraged to stay informed about updates in this case and consider their options moving forward as the deadline for participation approaches.
The claims against Digimarc involve allegations that the company made several misleading statements regarding its business operations and contractual agreements. In particular, it was revealed that a significant partner of Digimarc did not intend to renew its contract under the previously agreed terms. As a result of this revelation, it became necessary for Digimarc to renegotiate the large commercial contract. The lawsuit claims that such developments adversely affected the company's subscription revenue and annual recurring revenue, contrary to what Digimarc had indicated to its investors.
These misleading public statements led to confusion in the market, which ultimately resulted in losses for the shareholders. Once the truth emerged about Digimarc's contract renegotiation and its impact on financial performance, it became evident that the public statements made during the class period were not only misleading but significantly detrimental to investor interests. One of the pressing reminders for current and potential plaintiffs is that they have until July 8, 2025, to file a motion with the court should they wish to serve as lead plaintiffs in this case.
The Schall Law Firm has a track record of representing investors globally and specializes in various securities class-action lawsuits. The firm's representatives encourage any shareholders who have experienced losses to reach out for a discussion regarding their legal rights. Brian Schall, an attorney at the firm, is available at their Los Angeles office to provide free consultations concerning potential participation in the class action.
Despite the lawsuit being filed, it’s crucial to note that as of now, the class has not yet been certified. Until the certification occurs, affected investors may find themselves as absent class members if they choose not to take any action. The firm is focused on ensuring that all investors are informed and empowered to make decisions regarding their investments.
In conclusion, the Schall Law Firm's initiative to file this lawsuit marks an essential step in addressing shareholder grievances against Digimarc Corporation. As the legal proceedings unfold, shareholders will be closely watching how the court responds to the allegations of misleading representations that have sparked concerns over corporate governance and shareholder rights. Investors are encouraged to stay informed about updates in this case and consider their options moving forward as the deadline for participation approaches.
Topics Financial Services & Investing）
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