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The Reckstin Family Trust v. C3.ai, Inc. et al
Case Number:
4:22-cv-01413
See also:
Court:
Nature of Suit:
Judge:
Firms
- Gibson Dunn
- Glancy Prongay
- Hagens Berman
- Levi & Korsinsky
- Pomerantz LLP
- Quinn Emanuel
- Robbins Geller
- Robbins LLP
- Sidley Austin
- Simpson Thacher & Bartlett
- Wilson Elser
Companies
- Baker Hughes Co.
- Canaccord Genuity Group Inc.
- Deutsche Bank AG
- JMP Group Inc.
- JPMorgan Chase & Co.
- Morgan Stanley
- Needham & Co. LLC
- Piper Sandler Cos.
- Wedbush Securities Inc.
Sectors & Industries:
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March 13, 2026
C3.ai Investor Suit Over IPO Claims Gets Final Trim
Investors in artificial intelligence company C3.ai were told by a California federal judge that they can proceed with a slimmed-down version of their suit accusing the company and its executives of touting a worthless partnership with oil company Baker Hughes, but that they have no more chances to update it.
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May 16, 2024
C3.ai Shareholder Sues In Del., Citing Baker Hughes Pact
A shareholder of artificial intelligence-driven software developer C3.ai Inc. filed a derivative suit in Delaware's Court of Chancery late Wednesday, alleging breaches of fiduciary duty and unjust enrichment related to the California company's strategic partnership with Baker Hughes Co.
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February 23, 2024
Judge Trims Bulk Of Investor Suit Against Oil, AI Companies
A California federal judge retained only a small part of an investor suit against artificial intelligence company C3.ai and oil company Baker Hughes, cutting Baker Hughes entirely, and finding only some claims accusing C3.ai and its executives of misleading investors about its financial performance and partnership with the oil company could survive dismissal.
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May 02, 2023
Oil Co. Says It Kept AI Co. At 'Arm's Length,' Denies Fraud
Baker Hughes is urging a California federal court to toss a suit alleging the oil company controlled its business partner, an artificial intelligence company, and engaged in insider trading, saying the action is "much too little, much too late."