A securities class action has been filed against C3.ai, Inc. (AI) on behalf of all investors who purchased or otherwise acquired C3 AI securities between February 26, 2025 through August 8, 2025. This case has been filed in the USDC – NDCA.
C3.ai operates as an enterprise artificial intelligence (“AI”) application software company.
On August 8, 2025, C3.ai revealed first quarter of fiscal year 2026 financial results well below expectations, with C3.ai Chairman and CEO Thomas M. Siebel characterizing sales results in the quarter as “completely unacceptable.” Siebel attributed C3.ai’s poor results, in part, to his recently-disclosed health issues. C3.ai also announced that the company had restructured its global sales and service organization “to ensure a return to accelerating growth and increased customer success.” Following this news, the price of C3.ai stock fell by more than 25%.