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Del. Suit Says Flawed Lockup Corrupted Post-IPO Stock Sales

By Jeff Montgomery (July 5, 2024, 4:29 PM EDT) -- A stockholder of artificial intelligence-focused C3.ai Inc. has launched a derivative suit in Delaware's Court of Chancery seeking damages for the company after insiders allegedly made hundreds of millions off an initial public offering propped up by false sales projections and an early share lockup release....

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