NEW ORLEANS, June 14, 2024 /PRNewswire/ — 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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