NEW YORK, NY / ACCESSWIRE / September 19, 2023 / Pomerantz LLP is investigating claims on behalf of investors of CS Disco, Inc. ("Disco" or the "Company") (NYSE:LAW). Such investors are advised to contact Robert S. Willoughby at [email protected] or 888-476-6529, ext. 7980.
The investigation concerns whether Discoand certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On September 11, 2023, Disco issued a press release "announc[ing] that Kiwi Camara, Co-Founder and Chief Executive Officer, has decided to step down from his roles as Chief Executive Officer and a member of the board of directors." Camara's resignation came just over one year after Disco shareholders approved a compensation package for Camara worth nearly $110 million.
On this news, Disco's stock price fell $1.81 per share, or 19.09%, to close at $7.67 per share on September 12, 2023.
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SOURCE: Pomerantz LLP