AUTODESK SHAREHOLDER ALERT: CLAIMSFILER REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against Autodesk, Inc. – ADSK
NEW ORLEANS, May 08, 2024 (GLOBE NEWSWIRE) — ClaimsFiler, a FREE shareholder information service, reminds investors that they have until June 24, 2024 to file lead plaintiff applications in a securities class action lawsuit against Autodesk, Inc. (NasdaqGS: ADSK), if they purchased or otherwise acquired the Company’s securities between June 1, 2023 and April 16, 2024, inclusive (the “Class Period”). This action is pending in the United States District Court for the Northern District of California.
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Autodesk investors should visit us at https://claimsfiler.com/cases/nasdaq-adsk-1/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Autodesk and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws. The alleged false and misleading statements and omissions include, but are not limited to, that: (i) the Company lacked adequate internal controls as a result of issues with its free cash flow and non-GAAP operating margin practices; and (ii) as a result, defendants’ statements about its business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all times.
The case is Barkasi v. Autodesk, Inc., et al., No. 24-cv-02431.
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ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
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