C3.ai alert: bragar eagel & squire, p.c. is investigating c3.ai, inc. on behalf of c3.ai stockholders and encourages investors to contact the firm
New york--(business wire)--bragar eagel & squire, p.c., a nationally recognized stockholder rights law firm, is investigating potential claims against c3.ai, inc. (“c3.ai” or the “company”) (nyse: ai) on behalf of c3.ai stockholders. our investigation concerns whether c3.ai has violated the federal securities laws and/or engaged in other unlawful business practices. click here to participate in the action. on april 4, 2023, kerrisdale capital ("kerrisdale") sent a letter to c3.ai's auditor, deloitte & touche, alleging "serious accounting and disclosure issues." kerrisdale's letter "discuss[ed] the highly conspicuous growth in unbilled receivables to levels we've never before seen in software companies. opaque, confusing and highly concerning disclosures and financials related to the company's related party and very large customer, baker hughes (bkr)." on this news, c3.ai's price fell $8.92 per share, or 26.34%, to close at $24.95 per share on april 3, 2023. if you purchased or otherwise acquired c3.ai shares and suffered a loss, are a long-term stockholder, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact brandon walker or marion passmore by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. there is no cost or obligation to you. about bragar eagel & squire, p.c.: bragar eagel & squire, p.c. is a nationally recognized law firm with offices in new york and california. the firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. for more information about the firm, please visit www.bespc.com. attorney advertising. prior results do not guarantee similar outcomes.
BKR Ratings Summary
BKR Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission