Press release
Investigation announced for Long-Term Investors in shares of CS Disco, Inc. (NYSE: LAW) over potential Wrongdoing
An investigation was announced for investors in shares of CS Disco, Inc. (NYSE: LAW) concerning potential breaches of fiduciary duties by certain directors of CS Disco, Inc.Investors who are current long term investors in CS Disco, Inc. (NYSE: LAW) shares, 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 for current long term investors in NYSE: LAW stocks follows a lawsuit filed against CS Disco, Inc. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: LAW stocks, concerns whether certain CS Disco, Inc. directors are liable in connection with the allegations made in that lawsuit.
According to that complaint filed in the U.S. District Court for the Southern District of New York the plaintiff alleges that CS Disco, Inc. repeatedly touted strong growth in its revenues attributable to customer usage of its cloud-based electronic discovery platform and asserted that it had good advance visibility into changes in the demand from individual customers over time, that [w]hile the Company also acknowledged that its rapid revenue growth was 'usage driven' and may be subject to volatility, it did not inform investors between July 21, 2021 and August 11, 2022, that it had any indication of significant headwinds to its growth.
Those who purchased shares of CS Disco, Inc. (NYSE: LAW) 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.
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