#USA #New York #Class Action #Securities Fraud #C3.ai

C3.ai Faces Class Action Allegations

On October 21, 2025, a deadline looms for investors of C3.ai, Inc. to join a class action lawsuit initiated by the law firm Levi & Korsinsky, LLP. The class action aims to address alleged securities fraud that reportedly occurred between February 26, 2025, and August 8, 2025. During this period, C3.ai has been accused of providing investors with misleadingly positive statements while concealing critical information regarding the company's performance and executive leadership.

Case Details

Levi & Korsinsky asserts that the defendants disseminated materially false statements about the health of the company's Chief Executive Officer and its overall growth trajectory. Specifically, the complaint emphasizes that misleading claims were made about the company's ability to secure sales, thereby obscuring the negative impact of the CEO's health issues on C3.ai's operational and financial performance.

The lawsuit gained urgency after C3.ai publicly disclosed disappointing preliminary financial results for the first quarter of fiscal year 2026 on August 8, 2025. The company reduced its revenue guidance, attributing poor sales to “the reorganization with new leadership” and the health issues faced by its CEO. This announcement triggered a significant decline in C3.ai's stock price, plummeting approximately 25.58% in just three days, from $22.13 per share on August 8 to $16.47 by August 11, 2025.

Who Can Participate?

Investors who experienced losses in C3.ai during the applicable time frame are encouraged to act swiftly, as they have until October 21, 2025, to petition the court for appointment as lead plaintiffs. Notably, even those not seeking lead plaintiff status may still participate in any potential recovery, highlighting the inclusive nature of the class action framework.

Levi & Korsinsky emphasizes that there are no out-of-pocket costs associated with joining the class. All class members may be entitled to compensation without upfront fees or obligations, reaffirming the firm's commitment to representing aggrieved shareholders effectively.

Why Choose Levi & Korsinsky?

With over 20 years of experience in securities litigation, Levi & Korsinsky has built a robust reputation in the legal industry. They have successfully secured hundreds of millions of dollars for shareholders wronged by corporate misconduct. Ranked among the top firms in the U.S. for securities class actions, they possess extensive knowledge and resources tailored to help protect investors' rights.

In summary, C3.ai investors facing losses due to misleading information about the company's performance have a unique opportunity to join a class action to seek redress. Affected parties should reach out to the firm without delay via email or telephone, ensuring they don't miss this important deadline.

For more information and to join the lawsuit, interested investors can follow this link. Potential plaintiffs can also directly reach out to the firm's attorneys, Joseph E. Levi or Ed Korsinsky, via the contact details provided.

Conclusion

As the landscape of corporate accountability continues to evolve, joining a class action lawsuit like the one against C3.ai can be a critical step for investors who believe they’ve been misled. Act promptly to safeguard your rights as a shareholder.