C3.ai, Inc. Shareholders Encouraged to Contact Gross Law Firm for Possible Lead Plaintiff Appointment
Pursuant to the notice from The Gross Law Firm, shareholders of C3.ai, Inc. (NYSE: AI) who purchased shares during the class period from February 26, 2025, to August 8, 2025, are encouraged to contact the firm regarding possible lead plaintiff appointment. This notice is in response to the complaint alleging that C3.ai provided false and misleading statements to investors, concealing the impact of its Chief Executive Officer's health on the company's ability to close deals. The complaint further states that the company's management was ineffective in minimizing the impact, resulting in a decline of about 25.58% in the stock price on August 11, 2025.
Key Takeaways:
- The class period for the lawsuit against C3.ai, Inc. is from February 26, 2025, to August 8, 2025.
- The complaint alleges that C3.ai provided false and misleading statements to investors, concealing the impact of its Chief Executive Officer's health on the company's ability to close deals.
- The company attributed its poor sales results and lowered guidance to "the reorganization with new leadership" and the health ailments of its Chief Executive Officer.
- The price of C3.ai's common stock declined dramatically after the announcement, with a decline of about 25.58% on August 11, 2025.
- The Gross Law Firm is a nationally recognized class action law firm seeking recovery on behalf of investors who incurred losses due to false and/or misleading statements or the omission of material information.
- The deadline to seek to be a lead plaintiff is October 21, 2025.
- Shareholders who purchased shares of AI during the class period are encouraged to contact The Gross Law Firm for possible lead plaintiff appointment.
Statistics:
- The stock price of C3.ai's common stock declined by approximately 25.58% in the span of just a single day on August 11, 2025.
- The closing market price of C3 AI's common stock on August 8, 2025, was $22.13 per share.
- The closing market price of C3 AI's common stock on August 11, 2025, was $16.47 per share.
- The company's revenue guidance for the full fiscal year 2026 was reduced.
- The company attributed its poor sales results and lowered guidance to "the reorganization with new leadership" and the health ailments of its Chief Executive Officer.
Sources:
- "Gross Law Firm Issues The Following Notice To Shareholders of C3.ai, Inc. (NYSE: AI)." The Gross Law Firm, October 20, 2025.