Boston, Massachusetts--(Newsfile Corp. - June 26, 2026) - Block & Leviton is investigating Cerebras Systems Inc. (NASDAQ: CBRS) for potential securities law violations. Investors who have lost money in their Cerebras Systems investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/cbrs.

What is this all about?

Block & Leviton is investigating whether Cerebras Systems and certain of its officers and directors violated federal securities laws. Cerebras completed its initial public offering on May 14, selling 30 million shares of Class A common stock at $185.00 per share. On June 23, 2026, the company reported its first-quarter 2026 financial results, posting a loss of $0.22 per share, causing the company's stock price to fall over $40 per share. Investors who purchased Cerebras shares and have lost money are encouraged to contact the firm to learn more about their rights.

Who is eligible?

Anyone who purchased Cerebras Systems common stock and has seen their shares fall may be eligible, whether or not they have sold their investment. Investors should contact Block & Leviton to learn more.

What is Block & Leviton doing?

Block & Leviton is investigating whether the Company committed securities law violations and may file an action to attempt to recover losses on behalf of investors who have lost money.

What should you do next?

If you've lost money on your investment, you should contact Block & Leviton to learn more via our case website, by email at shareholders@blockleviton.com, or by phone at (888) 256-2510.

Whistleblower?

If you have non-public information about Cerebras Systems, you should consider assisting in our investigation or working with our attorneys to file a report with the Securities Exchange Commission under their whistleblower program. Whistleblowers who provide original information to the SEC may receive rewards of up to 30% of any successful recovery. For more information, contact Block & Leviton at shareholders@blockleviton.com or by phone at (888) 256-2510.

Why should you contact Block & Leviton?

Block & Leviton is widely regarded as one of the leading securities class action firms in the country. Our attorneys have recovered billions of dollars for defrauded investors and are dedicated to obtaining significant recoveries on behalf of our clients through active litigation in the federal courts across the country. Many of the nation's top institutional investors hire us to represent their interests. You can learn more about us at our website www.blockleviton.com, call (888) 256-2510 or email shareholders@blockleviton.com with any questions.

This notice may constitute attorney advertising.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/303012

Source: Block & Leviton LLP