Autodesk Inc (NASDAQ: ADSK) is up 5.0% on Monday after Starboard Value revealed a sizable stake in the graphic designing software maker. Details of Starboard's stake in Autodesk The activist hedge fund led by Jeff Smith announced a $500 million stake in ADSK today.
NEW YORK, NY / ACCESSWIRE / June 17, 2024 / Pomerantz LLP announces that a class action lawsuit has been filed against Autodesk, Inc. ("Autodesk" or the "Company") (NASDAQ:ADSK). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, (or 888.4-POMLAW), toll-free, Ext.
Starboard Value revealed a large stake in Autodesk and the activist investor is pushing for changes. Here's what you need to know.
NEW YORK, NY / ACCESSWIRE / June 17, 2024 / If you suffered a loss on your Autodesk, Inc. (NASDAQ:ADSK) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Autodesk Inc (NASDAQ:ADSK) is up 4.6% to trade at $236.11 today, after the Wall Street Journal reported Starboard Value disclosed a $500 million stake in the company, is suing Autodesk's board while simultaneously pushing for changes.
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NEW YORK, NY / ACCESSWIRE / June 17, 2024 / If you suffered a loss on your Autodesk, Inc. (NASDAQ:ADSK) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: Click Here or contact Joseph E. Levi, Esq.
Activist investor Starboard Value took a $500 million stake in design software company Autodesk (NASDAQ: ADSK ) and may file a lawsuit over the company's accounting issues. This news is sending ADSK stock up.
Activist investor Starboard Value, which currently has a $500 million stake in Autodesk Inc., said Monday that it is filing a lawsuit against the design-software company in order to nominate new directors to the board, which Starboard alleges “misled” shareholders.
Activist investor Starboard Value disclosed a more than $500 million stake in Autodesk on Monday and said it was suing the design software maker to delay its annual meeting after a recent accounting probe that tanked the company's share price.
Shares of Autodesk (ADSK) are jumping 4% in premarket trading Monday after The Wall Street Journal reported that activist investor Starboard Value had taken a stake of roughly $500 million in the engineering design software company and is pushing for changes.
Autodesk Inc (NASDAQ:ADSK), the software firm, is facing pressure from US hedge fund and activist investor Starboard Value after it built a US$500 million stake in the Nasdaq-listed group. Starboard is now pushing for changes at the design-software developer, arguing its margins need elevating and the board requires a reshuffle, a report from the Wall Street Journal revealed.