#United States #New York #Pomerantz LLP #class action suit #Digimarc Corporation

Investor Alert: Class Action Against Digimarc Corporation

In a significant development for shareholders of Digimarc Corporation (NASDAQ: DMRC), Pomerantz LLP has initiated a class action lawsuit targeting the Company. This lawsuit has been sparked by concerns over whether Digimarc and key officers have engaged in securities fraud or unlawful business activities. Investors who have experienced losses during the class period are encouraged to take action, as there are crucial deadlines looming.

The Details of the Case

On February 26, 2025, Digimarc disclosed its financial results for the fourth quarter and the full year of 2024. The results were disappointing, reflecting a substantial decline in subscription revenue, which fell by 10% to $5 million compared to the prior year’s $5.6 million. Similarly, the Company’s annual recurring revenue dropped to $20 million from $22.23 million in the previous year. This downturn was attributed largely to the expiration of a commercial contract, valued at $5.8 million, in June 2024.

The immediate consequence of these revelations was a dramatic drop in Digimarc's stock price, which plummeted by $11.65 per share, equating to a 43.1% decline on February 27, 2025. Such steep losses have raised red flags for investors, prompting the current legal action from Pomerantz, a firm renowned for its expertise in securities class litigation.

How to Get Involved

Affected investors should reach out to Pomerantz LLP’s Danielle Peyton via email at Danielle@pomerantzlaw.com or by phone at 646-581-9980. Interested parties are advised to provide their contact information, including their mailing address and the number of shares they acquired, to streamline the process. Those who wish to secure their position as Lead Plaintiff in this action must act swiftly, as the deadline to do so is May 9, 2025.

Pomerantz LLP: A Leader in Securities Litigation

Founded by the late Abraham L. Pomerantz, the firm has established itself as a premier entity in the field of corporate, securities, and antitrust class litigation. They have a proven track record of recovering substantial damages for victims of corporate misconduct and securities fraud. With over 85 years of operation, Pomerantz remains dedicated to upholding the rights of investors and ensuring corporate accountability.

Final Thoughts

The class action against Digimarc Corporation serves as a critical reminder for investors to remain vigilant regarding corporate governance and the potential for fraudulent practices within the industry. As Pomerantz takes up the fight for affected shareholders, those impacted must act promptly to protect their interests and seek justice through the legal process. Investors can stay informed by visiting www.pomerantzlaw.com for updates and further details regarding this high-profile case.