Philadelphia, Pennsylvania--(Newsfile Corp. - February 28, 2023) - A securities fraud complaint has been filed that alleges that C3.ai's (NYSE: AI) IPO Offering Documents were contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, it is alleged that defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies.

Current long-term C3.ai shareholders who have held C3.ai stock since on or shortly after the Company's December 9, 2020, IPO can seek corporate reforms, the return of funds spent defending litigation back to the company, and a court approved incentive award, at no cost to them.

If you would like to learn more about this matter, you are encouraged to visit https://grabarlaw.com/the-latest/c3ai-shareholder-investigation/, contact us at jgrabar@grabarlaw.com, or call Joshua Grabar at 267-507-6085.

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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/156515

Source: Grabar Law Office