Archived Investigations
Autodesk, Inc. (NasdaqGS: ADSK)
Company Name:Autodesk, Inc.
Stock Symbol:NasdaqGS: ADSK
Court:Northern District of California
Class Period Start:06/01/2023
Class Period End (inclusive):04/16/2024
Filing Deadline:The deadline has passed.
April 25, 2024
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.