Shareholders Sue Kerrisdale Over C3.AI Short Report That Led To $1 Billion Loss
Shareholders of C3.ai (NYSE: AI) sued a short seller for releasing a letter that allegedly contained false and deceptive statements for the purpose of manipulating and driving down the price of the stock. Kerrisdale Capital Management shared last Tuesday the letter it wrote auditing firm Deloitte & Touche, in which the investment management firm aimed … Continue reading Shareholders Sue Kerrisdale Over C3.AI Short Report That Led To $1 Billion Loss
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