Moore Law PLLC encourages Autodesk, Inc. investors to contact the law firm

NEW YORK, 26 June 2024 /PRNewswire/ — Moore Law, PLLC, a Wall Street securities and shareholder rights law firm, is investigating potential claims against:

• Autodesk, Inc. (NASDAQ: ADSK)

Shareholders who June 1, 2023 should send an email to: (email protected)

Autodesk describes itself as “the world’s leading provider of 3D design, engineering and entertainment technology solutions for architecture, engineering, construction, product design, manufacturing, media and entertainment.”

The investigation concerns a lack of adequate internal controls due to problems with free cash flow and non-GAAP operating margins. 1 April 2024the company filed a late notice with the SEC announcing that its audit committee had initiated an internal investigation into the company’s free cash flow and non-GAAP operating margin practices. Following this news, Autodesk’s stock price fell $10.73 per share or 4.13% and closed at $248.71 At 2 April 2024. Then on 16 April 2024the company announced that it was unable to file its Form 10-K within the 15-day deadline given by the SEC. Following this news, Autodesk stock price fell $13.32 per share or 5.83% and closed at $214.92 At 17 April 2024.

At March 8, 2024The company has voluntarily contacted the US Securities and Exchange Commission (SEC) to inform them of the internal investigation. 3 April 2024, The United States Northern District Prosecutor’s Office California (“USAO”) has contacted the Company regarding the internal investigation. The Company has voluntarily provided the SEC and the USAO with certain documents related to the internal investigation and will continue to cooperate with the SEC and the USAO. At this time, the Company cannot reasonably estimate the amount of any potential financial loss that could arise from this matter.

If you are an owner of Autodesk, Inc. (NASDAQ: ADSK), please contact Fletcher Moore by email at (email protected) or (212) 709-8245.

ABOUT MOORE LAW PLLC

Moore Law is a New York-based investor litigation firm. We hold officers and directors accountable for breaches of fiduciary duties, FraudInsider trading, waste and other corporate misconduct. There is no cost to you. Our investor cases are strictly contingency based.

Fletcher Moore, Esq.
Moore Law Firm
(email protected)
(212) 709-8245
www.fmoorelaw.com

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