Press release
Investigation announced for Long-Term Investors in shares of C3.ai, Inc. (NYSE: AI)
An investigation on behalf of current long term investors in C3.ai, Inc. (NYSE: AI) shares.
Investors who are current long term investors in C3.ai, Inc. (NYSE: AI) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm for current long term investors in NYSE: AI stocks follows a lawsuit filed against C3.ai, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: AI stocks, concerns whether certain C3.ai, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges that the defendants created the false impression that they possessed reliable information pertaining to C3.ai's projected revenue outlook and anticipated growth while also minimizing risk to C3.ai's profitability from defendant CEO Thomas M. Siebel's health concerns. In truth, according to the complaint, C3.ai's optimistic reports of growth, earnings potential, and anticipated margins fell short of reality as they relied far too heavily on the health and effectiveness of C3.ai's CEO.
Those who purchased shares of C3.ai, Inc. (NYSE: AI) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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