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September 01, 2020 1:41pm
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INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of, Inc. (AI) on Behalf of Investors

Law Offices of Howard G. Smith announces an investigation on behalf of, Inc. (“” or the “Company”) (NYSE: AI) investors concerning the Company’s possible violations of federal securities laws.

On February 16, 2022, Spruce Point Capital Management published a report alleging that has exhibited a “pattern of exaggerated business claims,” concluding that there is a high probability that C3 is overstating its numbers of paying and active customers and has exaggerated its total addressable market. Moreover, the report alleged that “there is a discrepancy in accounts receivables tied to Baker Hughes and a related increase in unbilled receivables, which suggest that may be aggressively recognizing revenues from Baker Hughes.”

On this news,'s stock fell $4.52, or 17.5%, over three consecutive trading sessions to close at $21.19 per share on February 18, 2022, thereby injuring investors.

If you purchased securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to, or visit our website at

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


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