Adobe shares reached a new 52-week low of $237.38 on Wednesday. This price decline follows a period of negative sentiment fueled by a CEO transition and several analyst downgrades.
Scott+Scott Attorneys at Law LLP announced an investigation into Adobe’s directors and officers on March 25, 2026. The firm is probing potential breaches of fiduciary duties stemming from recent regulatory actions.
Adobe reached a $150 million settlement with the U.S. Department of Justice on March 13, 2026, regarding its subscription practices. The U.K. Competition and Markets Authority launched a separate investigation into the company’s cancellation fees on March 19, 2026.