Levi & Korsinsky Reminds Autodesk Investors of Ongoing Class Action Litigation with Lead Plaintiff Deadline of June 24, 2024 Levi & Korsinsky, LLP reminds investors that a class action lawsuit has been filed against Autodesk, Inc. (NASDAQ: ADSK) and certain of its officers concerning possible violations of federal securities laws. The complaint, filed in the United States District Court for the Northern District of California, alleges that between December 8, 2021, and August 10, 2022, defendants made materially false and misleading statements regarding the company’s business, operational and financial metrics. Specifically, defendants allegedly misrepresented: * Autodesk’s ability to successfully integrate acquired businesses * Autodesk’s financial performance and prospects * The impact of competition on Autodesk’s business As a result of these alleged misrepresentations, the lawsuit claims that investors suffered significant losses. Investors have until June 24, 2024, to seek appointment as lead plaintiff. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn’t require you to serve as a lead plaintiff. Levi & Korsinsky is a nationally recognized firm with extensive experience in representing investors in securities litigation. The firm has recovered billions of dollars for its clients. For more information, please contact us by: * Email: [email protected] * Phone: (800) 256-0216 * Website: www.zlk.com/pslra-1/autodesk-inc-lawsuitLevi & Korsinsky, LLP Notifies Investors of Class Action Lawsuit on Behalf of Autodesk, Inc. (ADSK) Investors
Levi & Korsinsky, LLP Notifies Investors of Class Action Lawsuit on Behalf of Autodesk, Inc. (ADSK) Investors NEW YORK, June 18, 2024—Levi & Korsinsky, LLP briefs investors of Autodesk, Inc. (“Autodesk” or the “Company”) (NASDAQ: ADSK) of a securities class action lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Autodesk investors who suffered adverse effects from alleged fraudulent practices between June 1, 2023, and April 16, 2024. For more information and to be contacted by the firm, follow the link below: [Autodesk Lawsuit Submission Form](https://zlk.com/pslra-1/autodesk-lawsuit-submission-form) ADSK investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by phone at (212) 363-7500. CASE DETAILS: The complaint alleges that Defendants made false statements and/or concealed information about the Company’s: * Internal controls, specifically over free cash flow issues and non-GAAP operating margin practices * Statements about its business, operations, and prospects being materially misleading or lacking a reasonable basis WHAT’S NEXT? If you lost money in Autodesk during the relevant period, you have until June 24, 2024, to request the court to appoint you as lead plaintiff. Sharing in any recovery does not require you to serve as lead plaintiff. NO COST TO YOU: If you are a member of the class, you may be entitled to compensation without paying any out-of-pocket costs or fees. WHY LEVI & KORSINSKY? For over two decades, Levi & Korsinsky has successfully recovered hundreds of millions of dollars for its clients in high-stakes cases involving complex securities litigation. Ranked in the ISS Securities Class Action Services Top 50 Report for seven years, the firm has a team of over 70 employees dedicated to serving investors. CONTACT: Levi & Korsinsky, LLP Joseph E. Levi, Esq. Ed Korsinsky, Esq. 33 Whitehall Street, 17th Floor New York, NY 10004 [email protected] Phone: (212) 363-7500 Fax: (212) 363-7171 www.zlk.com SOURCE: Levi & Korsinsky, LLP
Levi & Korsinsky, LLP reminds investors of the ongoing class action lawsuit on behalf of shareholders of Autodesk, Inc. (“Autodesk”) (NASDAQ: ADSK) who purchased shares between March 17, 2022 and November 15, 2022 The lawsuit alleges that throughout the class period, Autodesk made materially false and/or misleading statements and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, the lawsuit alleges that Autodesk failed to disclose material weaknesses in its internal controls over financial reporting, including its revenue recognition practices, and as a result, overstated its financial results throughout the class period. The lawsuit further alleges that, as a result of the foregoing, the Company’s Class A common stock traded at artificially inflated prices during the class period and that the Company’s investors have suffered significant losses. A lead plaintiff deadline has been set for June 24, 2024.
