StockNews.AI
AI
StockNews.AI
4 hrs

October 21, 2025 Deadline: Contact Levi & Korsinsky to Join Class Action Suit Against AI

1. C3.ai faces class action lawsuit over alleged securities fraud. 2. Claims include misleading statements and undisclosed CEO health issues. 3. Stock price fell by over 25% after disappointing financial results. 4. Lawsuit includes investors affected between February and August 2025. 5. Investors have until October 21, 2025, to join the lawsuit.

9m saved
Insight
Article

FAQ

Why Bearish?

The lawsuit reflects serious governance issues, decreasing investor confidence, historically linked to stock decline.

How important is it?

A class action lawsuit can significantly damage company reputation and stock valuation.

Why Short Term?

Immediate negative sentiment due to lawsuit and price drop can affect short-term stock performance.

Related Companies

NEW YORK, Aug. 26, 2025 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in C3.ai, Inc. ("C3.ai" or the "Company") (NYSE:AI) of a class action securities lawsuit.

CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of C3.ai investors who were adversely affected by alleged securities fraud between February 26, 2025 and August 8, 2025. Follow the link below to get more information and be contacted by a member of our team:

https://zlk.com/pslra-1/c3-ai-inc-lawsuit-submission-form?prid=163455&wire=4

AI investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

CASE DETAILS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of C3 AI's growth; notably, that its Chief Executive Officer health was having a significant impact on the Company's ability to close deals, that its management was unable or otherwise ineffectual in minimizing that impact, and that C3 AI would not be able to execute upon its profit and growth potential as a result. On August 8, 2025, C3 AI announced disappointing preliminary financial results for the first quarter of fiscal 2026 and reduced its revenue guidance for the full fiscal year 2026. The Company attributed its poor sales results and lowered guidance on "the reorganization with new leadership" and the health ailments of its Chief Executive Officer. Following this news, the price of C3 AI's common stock declined dramatically. From a closing market price of $22.13 per share on August 8, 2025, C3 AI's stock price fell to $16.47 per share on August 11, 2025, a decline of about 25.58% in the span of just a single day.

WHAT'S NEXT? If you suffered a loss in C3.ai during the relevant time frame, you have until October 21, 2025 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.

CONTACT:

Levi & Korsinsky, LLP

Joseph E. Levi, Esq.

Ed Korsinsky, Esq.

33 Whitehall Street, 17th Floor

New York, NY 10004

jlevi@levikorsinsky.com

Tel: (212) 363-7500

Fax: (212) 363-7171

www.zlk.com

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/october-21-2025-deadline-contact-levi--korsinsky-to-join-class-action-suit-against-ai-302538369.html

SOURCE Levi & Korsinsky, LLP

Related News