Long-Term Autodesk Investors Encouraged to Contact Kehoe Law Firm, P.C. - ADSK

Philadelphia, Pennsylvania--(Newsfile Corp. - February 21, 2025) - Kehoe Law Firm, P.C. is investigating whether certain executive officers and directors of Autodesk, Inc. (NASDAQ: ADSK) breached their fiduciary duties by failing to manage Autodesk in an acceptable manner and whether Autodesk and its shareholders were harmed as a result.

LONG-TERM INVESTORS OF AUTODESK STOCK CAN SEND US A MESSAGE OR COMPLETE OUR SECURITIES QUESTIONNAIRE TO CONTACT AN ATTORNEY TO DISCUSS THE BREACH OF FIDUCIARY DUTIES INVESTIGATION AND POTENTIAL LEGAL CLAIMS.

On April 1, 2024, Autodesk announced that it could not file its Annual Report on Form 10-K for the year ended January 31, 2024 on time and, moreover, disclosed that its Audit Committee of the Board of Directors commenced an internal investigation regarding the Company's free cash flow and non-GAAP operating margin practices.

On April 16, 2024, the Company stated it would not be able to file its Annual Report on Form 10-K within the 15-day extension due to the ongoing investigation. On April 25, 2024, Autodesk confirmed receipt of a Nasdaq notice for noncompliance with listing requirements for failure to timely file its Form 10-K.

Finally, on June 3, 2024, following an internal accounting investigation regarding treatment of its free cash flow and operating margins, Autodesk reassigned its Chief Financial Officer. The Company also disclosed its practice of incentivizing customers to adopt multiyear, upfront billing arrangements and acknowledged that discounted multiyear upfront contracts reduce revenue and lower billings in out years.

Autodesk Investors: Explore Your Legal Rights

About Kehoe Law Firm, P.C.

Kehoe Law Firm, P.C. is a nationally recognized, plaintiff-side class action firm dedicated to protecting investors and consumers from fraud and corporate misconduct. Our attorneys have served as Lead or Co-Lead Counsel in cases recovering over $10 billion on behalf of institutional and individual investors.

Through class action litigation, we hold corporations accountable for securities fraud, breaches of fiduciary duty, unfair or inadequate mergers and acquisitions, and antitrust violations. We also represent whistleblowers and prosecute data breach, consumer protection, and employment law violations, as well as cases involving retirement plan mismanagement and deceptive business practices. With a results-driven approach, we pursue impactful litigation to achieve meaningful results and recoveries for those we represent.

Our class action legal services are on a contingency-fee basis, meaning clients are not responsible for any fees or litigation expenses.

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