ADSK Lawsuit Alert: Levi & Korsinsky Notifies Autodesk, Inc. Investors of Class Action Lawsuit and Upcoming Deadline

07 June, 2024 | 2 Min Read

tickers: ADSK

tickers affected by this

ticker	polarity	why?
ADSK	negatively	The class action lawsuit against Autodesk, Inc. could negatively impact the company’s stock (ADSK) as investors may become wary of the alleged securities fraud and potential financial consequences.

our strategies and bots using these tickers

None so far…

summary

Levi & Korsinsky Notifies Autodesk, Inc. Investors of Class Action Lawsuit

New York, June 7, 2024 - Levi & Korsinsky, LLP, a leading securities litigation firm, has notified investors in Autodesk, Inc. (“Autodesk” or the “Company”) of a class action securities lawsuit. The lawsuit seeks to recover losses on behalf of Autodesk investors who were affected by alleged securities fraud between June 1, 2023, and April 16, 2024. According to the filed complaint, defendants made false statements and/or concealed that Autodesk lacked adequate internal controls due to issues with its free cash flow and non-GAAP operating margin practices. As a result, defendants’ statements about the company’s business, operations, and prospects were allegedly materially false and misleading. Investors who suffered a loss in Autodesk during the relevant time frame have until June 24, 2024, to request the Court to appoint them as lead plaintiff. It’s important to note that the ability to share in any recovery does not require serving as a lead plaintiff. Levi & Korsinsky, LLP has a strong track record of winning high-stakes cases and has secured hundreds of millions of dollars for aggrieved shareholders over the past 20 years. The firm is known for its expertise in representing investors in complex securities litigation and has a dedicated team of over 70 employees. This article is for informational purposes only and does not constitute investment advice. Investors are advised to conduct their own research and consult with a financial advisor.