SAN FRANCISCO, April 11, 2022 (GLOBE NEWSWIRE) — Hagens Berman urges C3.ai, Inc. (NYSE:AI) investors with significant losses to submit your losses now. A securities fraud class action has been filed and investors with significant losses have the opportunity to lead the case.
Class Period: Dec. 9, 2020 – Feb. 15, 2022
Lead Plaintiff Deadline: May 3, 2022
Visit: www.hbsslaw.com/investor-fraud/AI
Contact An Attorney Now:
AI@hbsslaw.com
844-916-0895
C3.ai, Inc. (AI) Securities Fraud Class Action:
The litigation focuses on C3.ai’s senior management’s statements about the company’s customers leading up to and after the company’s IPO conducted in Dec. 2020 including, without limitation, their repeated touting of relationships with Baker Hughes and others, claiming those relationships support investor expectations of future revenue visibility.
The lawsuit alleges defendants made false and misleading statements and/or failed to disclose that: (1) C3.ai’s partnership with Baker Hughes was deteriorating; (2) the company employed a flawed accounting methodology to …
