Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether the leadership of Autodesk, Inc. (“Autodesk”) (NASDAQ: ADSK) breached their fiduciary duties to Autodesk and its shareholders.
Scott+Scott is investigating whether members of Autodesk’s board of directors or senior management failed to manage Autodesk in an acceptable manner, in breach of their fiduciary duties to Autodesk, and whether Autodesk and its shareholders have suffered damages as a result.
On April 1, 2024, Autodesk announced that the Audit Committee of its Board of Directors had commenced an internal investigation regarding the company’s free cash flow and non-GAAP operating margin practices. On April 3, 2024, Autodesk was contacted by the United States Attorney’s Office for the Northern District of California regarding the investigation. On April 16, 2024, Autodesk announced it would not be able to timely file its annual report on SEC Form 10-K. On June 3, 2024, Autodesk announced that it had reassigned its Chief Financial Officer (“CFO”) in conjunction with the investigation.
Joe Pettigrew
Scott+Scott Attorneys at Law LLP
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