Autodesk, Inc.
Case Overview
Status: | Status: Investigating |
Company Name: | Company Name: Autodesk, Inc. |
Ticker: | Ticker: ADSK |
Related Attorneys: | Lead Attorneys: Thomas W. Elrod |
Related Practices: | Related Practices: Securities |
The law firm of Kirby McInerney LLP is investigating potential claims against Autodesk, Inc. (“Autodesk” or the “Company”) (NASDAQ:ADSK). The investigation concerns whether Autodesk and/or certain of its officers have violated the federal securities laws and/or engaged in other unlawful business practices.
On April 1, 2024, Autodesk filed a Notification of Late Filing with the U.S. Securities and Exchange Commission (“SEC”). The Company announced that it had launched “an internal investigation with the assistance of outside counsel and advisors” concerning its free cash flow and non-GAAP operating margins. On this news, the price of Autodesk shares declined by $10.73 per share, or approximately 4.14%, from $259.44 per share on April 1, 2024 to close at $248.71 on April 2, 2024.
On April 1, 2024, Autodesk filed a Notification of Late Filing with the U.S. Securities and Exchange Commission (“SEC”). The Company announced that it had launched “an internal investigation with the assistance of outside counsel and advisors” concerning its free cash flow and non-GAAP operating margins. On this news, the price of Autodesk shares declined by $10.73 per share, or approximately 4.14%, from $259.44 per share on April 1, 2024 to close at $248.71 on April 2, 2024.