C3.ai Faces Class-Action Lawsuit Alleging Misleading Statements
The suit claims the enterprise AI company failed to disclose risks related to its CEO's health, leading to investor losses.
Investor Lawsuit Filed
Law firm Hagens Berman on Oct. 1, 2025, announced a new class-action lawsuit targeting enterprise AI software company C3.ai and its senior leadership. The suit alleges they misled investors about the company's financial health and growth prospects in violation of the Securities Exchange Act of 1934. The case demonstrates a new vector of AI-related investor risk, where a company's failure to manage and disclose key dependencies can lead to significant financial and legal consequences.
The lawsuit was filed in the U.S. District Court for the Northern District of California. The lead plaintiff deadline is Oct. 21, …
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