Investors in C3.ai, Inc. should reach out to Levi & Korsinsky before October 21, 2025, to explore legal options regarding their rights - Legal Matter Concerning C3.ai, Inc. and Shareholder Rights.
In a significant turn of events, C3.ai, Inc., a leading artificial intelligence company, is facing a class action securities lawsuit due to allegations of securities fraud. The lawsuit, filed on August 8, 2025, seeks to recover losses for investors in C3.ai, Inc. between February 26, 2025, and August 8, 2025.
The lawsuit alleges that C3.ai, Inc. made false or misleading statements regarding its growth, leading to a dramatic decline in the price of its common stock. Following this news, the price of C3.ai's common stock declined dramatically, falling from $22.13 per share on August 8, 2025, to $16.47 per share on August 11, 2025, a decline of about 25.58% in a single day.
The company attributed its poor sales results and lowered guidance to a reorganization with new leadership and the health ailments of its CEO, Thomas M. Siebel. Siebel, who was diagnosed with an autoimmune disease in early 2025, which significantly affected his vision and performance, stepped down as CEO on September 1, 2025, and was succeeded by Stephen Ehikian.
The complaint also alleges that C3.ai's management was unable or ineffective in minimizing the impact of Siebel's health on the company's performance. It claims that Siebel's health was having a significant impact on the company's ability to close deals.
Investors have until October 21, 2025, to request appointment as lead plaintiff in the class action securities lawsuit against C3.ai, Inc. Participation in the lawsuit doesn't require serving as a lead plaintiff to be eligible for potential compensation.
Levi & Korsinsky, LLP, a top securities litigation firm in the United States, is leading the lawsuit against C3.ai, Inc. 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. The firm has a track record of winning high-stakes cases and extensive expertise in complex securities litigation.
Levi & Korsinsky, LLP has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years. The complaint seeks to recover damages on behalf of investors under the Securities Exchange Act of 1934.
Investors can get more information and be contacted by a member of Levi & Korsinsky, LLP by following a provided link or contacting Joseph E. Levi directly. The lawsuit seeks to recover losses for investors in C3.ai, Inc. between February 26, 2025, and August 8, 2025. There are no out-of-pocket costs or fees for class members in the C3.ai securities lawsuit.
Contact information for Levi & Korsinsky, LLP:
- Joseph E. Levi, Esq., Ed Korsinsky, Esq., 33 Whitehall Street, 17th Floor, New York, NY 10004
- [email protected]
- Tel: (212) 363-7500
- Fax: (212) 363-7171
- www.zlk.com
Levi & Korsinsky, LLP has a team of over 70 employees to serve clients.
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