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DMRC Investors Have Opportunity to Lead Digimarc Corporation Securities Fraud Lawsuit with the Schall Law Firm
DMRCDigimarc(DMRC) Prnewswire·2025-03-14 07:42

Core Viewpoint - A class action lawsuit has been filed against Digimarc Corporation for alleged violations of securities laws, specifically related to misleading statements made by the company regarding its contract renewals and revenue impacts [1][4]. Group 1: Lawsuit Details - The lawsuit is initiated by the Schall Law Firm, focusing on violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 [1]. - Investors who purchased Digimarc securities between May 2, 2024, and February 26, 2025, are encouraged to participate in the lawsuit before the deadline of May 9, 2025 [2]. - The class has not yet been certified, meaning potential participants are not currently represented by an attorney [3]. Group 2: Allegations Against Digimarc - The complaint alleges that Digimarc made false and misleading statements regarding its ability to secure a contract renewal with a significant commercial partner [4]. - The company was reportedly forced to renegotiate a large contract, which negatively impacted its subscription revenue and annual recurring revenue [4]. - The misleading public statements led to investor damages once the truth about the company's situation was revealed [4].