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May 10, 2022
In Re Cerence Stockholder Derivative Litigation
Case Number:
1:22-cv-10723
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
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Reflects complaints, answers, motions, orders and trial notes entered from Jan. 1, 2011.
Additional or older documents may be available in Pacer.
Coverage
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June 18, 2025
AI Software Co. Cerence's Leaders Beat Shareholder Suit
A Massachusetts federal judge Wednesday tossed a consolidated derivative shareholder suit against the top brass of artificial intelligence software company Cerence Inc. over its revenue reporting, saying the plaintiffs did not make a presuit demand on the company's board and have failed to show that such a demand would have been futile.
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