Case Summary
Digimarc
NASDAQ: DMRC
Case Details
- Mayer v. Digimarc Corporation et al.
- Class Period:May 2, 2024 - February 26, 2025
- Date Filed:March 10, 2025
- Jurisdiction:U.S. District Court, Southern District of New York
- Docket Number: 1:25-cv-01963
- Lead Plaintiff Deadline: May 9, 2025
Seek Plaintiff 44
Overview
A class action lawsuit has been filed against Digimarc Corporation (“Digimarc” or the “Company”) and certain of the Company’s former senior executive officers alleging violations of the federal securities laws. The Company’s common stock trades on the NASDAQ exchange under the symbol “DMRC.”
The Digimarc class action lawsuit was brought on behalf of all persons and entities who purchased or otherwise acquired Digimarc securities between May 2, 2024, and February 26, 2025, both dates inclusive (the “Class Period”).
Digimarc is a digital watermarking technology company. Digimarc’s digital watermarking technology is deployed in the identification and the authentication of physical and digital items, often at large scale. For example, in 2019, Digimarc introduced a line of invisible barcodes, in partnership with Walmart, to be used during the self-checkout process.
The Digimarc class action lawsuit alleges that Defendants, throughout the Class Period, made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) that a large commercial partner would not renew a large contract on the same terms; (2) that, as a result, Digimarc would renegotiate the large commercial contract; (3) that, as a result of the foregoing, the Company’s subscription revenue and annual recurring revenue would be adversely affected; and (4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
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If you purchased or otherwise acquired Digimarc securities between May 2, 2024, and February 26, 2025, both dates inclusive, and you wish to serve as lead plaintiff in this lawsuit, we encourage you to submit your information to DiCello Levitt LLP via the form on this page.
You can also contact DiCello Levitt partner Brian O’Mara by calling (888) 287-9005 or at [email protected].
The deadline to apply to the Court to serve as lead plaintiff in the Digimarc class action lawsuit is May 9, 2025.