#USA #Robbins Geller #San Diego #Class Action #C3.ai

C3.ai Investors Encouraged to Join Class Action Lawsuit

In a recent development, Robbins Geller Rudman & Dowd LLP has announced the initiation of a class action lawsuit against C3.ai, Inc. This legal action, known as Liggett v. C3.ai, Inc., claims that the company and several of its executives violated the Securities Exchange Act of 1934, leading to significant investor losses.

Background of the Case

C3.ai, which operates as a prominent enterprise artificial intelligence application software company, is under fire for allegedly disseminating misleading information regarding its projected revenue and growth potential. The lawsuit suggests that the executives misrepresented the company's financial health, downplaying the risks associated with CEO Thomas M. Siebel's health concerns.

According to the allegations, C3.ai was reporting optimistic growth and earnings expectations that did not reflect the reality of its situation. The lawsuit asserts that on August 8, 2025, the company released disappointing preliminary financial results for its first quarter of fiscal 2026, coupled with a lowered revenue forecast. This announcement reportedly resulted from internal challenges, including leadership changes and the health issues affecting CEO Siebel, leading to a staggering 25% decline in the stock price.

Class Action Participation Information

Investors who suffered losses during the specified period and wish to participate as lead plaintiffs must respond before the deadline on October 21, 2025. The Private Securities Litigation Reform Act of 1995 stipulates that any investor who acquired C3.ai’s stock during this period can seek the role of lead plaintiff. This individual will represent the interests of all class members, enabling coordinated legal action against the company.

It’s crucial to highlight that any investor's eligibility for potential recovery is not contingent on leading the lawsuit; all participants are entitled to share in any financial recovery realized. Interested investors can reach out to attorneys J.C. Sanchez or Jennifer N. Caringal from the law firm Robbins Geller by calling 800/449-4900 or visiting their website for more information.

Conclusion

As this lawsuit unfolds, the outcome may significantly affect C3.ai investors as they seek to reclaim their losses and hold the company accountable for its purported actions. Robbins Geller is recognized for its comprehensive representation of investors, having ranked as a leading firm in handling securities fraud litigation and achieving substantial recoveries in similar cases.

For further information regarding Class Actions and other legal rights, investors are encouraged to stay informed through appropriate legal channels.