Investigation announced for Investors in DocuSign, Inc. (NASDAQ: DOCU)

An investigation was announced concerning potential securities laws violations by DocuSign, Inc. in connection with certain financial statements.

Investors who purchased shares of DocuSign, Inc. (NASDAQ: DOCU), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of DocuSign, Inc. (NASDAQ: DOCU) concerning whether a series of statements by DocuSign, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

San Francisco, CA based DocuSign, Inc. provides cloud based software in the United States and internationally. DocuSign, Inc. reported that its Total Revenue rose from $973.97 million for the 12 months period that ended on January 31, 2020, to over $1.45 billion for the 12 months period that ended on January 31, 2021, and that its Net Loss over those respective time periods increased from $208.35 million to $243.26 million.

On December 2, 2021, DocuSign, Inc reported its third quarter fiscal 2022 financial results and issued its outlook. Among other things, DocuSign, Inc said that "after six quarters of accelerated growth, we saw customers return to more normalized buying patterns, resulting in 28% year-over-year billings growth."

Shares of DocuSign, Inc. (NASDAQ: DOCU) declined from $275.54 per share on November 19, 2021, to as low as $131.51 per share on December 3, 2021.

Those who purchased shares of DocuSign, Inc. (NASDAQ: DOCU) have certain options and should contact the Shareholders Foundation.

Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.