Robbins LLP Notifies Investors of Class Action Lawsuit Against Autodesk, Inc. (ADSK)

SAN DIEGO, April 25, 2024 (GLOBE NEWSWIRE) — Robbins LLP notifies investors that a shareholder representative purchased or otherwise acquired Autodesk, Inc. (NASDAQ: ) during June 1 A class action lawsuit was filed against all individuals and entities holding securities. Design, manufacturing, media and entertainment.

For more information, submit a form, email attorney Aaron Dumas, Jr., or call us at (800) 350-6003.

Allegation: Robbins LLP is investigating allegations that Autodesk, Inc. (ADSK) failed to disclose that it lacked adequate internal controls

According to the complaint, during the class action period, the defendants failed to disclose that Autodesk lacked adequate internal controls due to problems with its free cash flow and non-GAAP operating margin practices.

According to the complaint, the company submitted a late filing notice to the SEC on April 1, 2024, announcing that its audit committee had initiated an internal investigation into the company's free cash flow and non-GAAP operating margin practices. Affected by this news, Autodesk's stock price fell by $10.73, or 4.13%, on April 2, 2024, to close at $248.71. -K form. Affected by this news, Autodesk's stock price fell by $13.32 per share on April 17, 2024, or 5.83%, to close at $214.92. of $210.63.

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What should we do now: You may be eligible to participate in a class action lawsuit against Autodesk, Inc. Other class members direct the litigation. You do not have to be involved in the case to be eligible for compensation. If you choose to take no action, you may remain absent from the Class Membership. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins Law Firm: Some law firms that issued press releases on the matter did not actually file securities class action lawsuits; Robbins Law Firm did. As a recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been helping shareholders recover losses, improve corporate governance structures and hold corporate executives accountable for misconduct since 2002. More than $1 billion in compensation for shareholders.

To be notified when a class action lawsuit against Autodesk, Inc. is settled, or to receive free alerts when high-level executives at the company engage in inappropriate behavior, sign up for Stock Watch today.

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