SAN DIEGO, Sept. 26, 2023 (GLOBE NEWSWIRE) -- The Shareholders Foundation, Inc. announces that a lawsuit was filed for certain investors in CS Disco, Inc. (NYSE: LAW) shares.
Investors who purchased shares of CS Disco, Inc. (NYSE: LAW) have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
On September 19, 2023, a lawsuit was filed by an investor in NYSE: LAW against CS Disco, Inc. over alleged Securities Laws Violations. 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.
Shares of CS Disco, Inc. (NYSE: LAW) declined from $69.41 per share on September 07, 2021, to as low as $5.27 per share on May 03, 2023.
Those who purchased CS Disco, Inc. (NYSE: LAW) shares should contact the Shareholders Foundation, Inc.
CONTACT:
Shareholders Foundation, Inc.
Michael Daniels
+1 (858) 779-1554
mail@shareholdersfoundation.com
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
The Shareholders Foundation, Inc. is a professional portfolio legal monitoring and a settlement claim filing service, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. The Shareholders Foundation, Inc. is not a law firm. Any referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is only provided as a public service. It is not intended as legal advice and should not be relied upon.
