Back to Newsroom
Back to Newsroom

SHAREHOLDER ALERT: Potential Recovery for CS Disco, Inc. (LAW) Investors Affected by Stock Drop - Levi & Korsinsky Pursuing Class Action Lawsuit

Friday, 06 October 2023 01:30 PM

Levi & Korsinsky, LLP

NEW YORK, NY / ACCESSWIRE / October 6, 2023 / If you suffered a loss on your CS Disco, Inc. (NYSE:LAW) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information:

https://zlk.com/pslra-1/cs-disco-lawsuit-submission-form?prid=50895&wire=1

or contact Joseph E. Levi, Esq. via email at [email protected] or call (212) 363-7500 to speak to our team of experienced shareholder advocates.

THE LAWSUIT: A class action securities lawsuit was filed against CS Disco, Inc. that seeks to recover losses of shareholders who were adversely affected by alleged securities fraud between July 21, 2021 and August 11, 2022.

CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) strong, rapid growth in revenues attributed to customer usage of CS Disco's cloud-based electronic discovery platform was, in fact, attributable to just a handful of large customers; (ii) there were significant headwinds to growing CS Disco's revenues; (iii) CS Disco lacked advance visibility into changes in demand from individual customers over time; and (iv) as a result of the foregoing, defendants' positive statements and purported risk disclosures about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

WHAT'S NEXT? If you suffered a loss in CS Disco stock during the relevant time frame - even if you still hold your shares - go to https://zlk.com/pslra-1/cs-disco-lawsuit-submission-form?prid=50895&wire=1 to learn about your rights to seek a recovery. There is no cost or obligation to participate.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 17th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
https://zlk.com/

SOURCE: Levi & Korsinsky, LLP

Topic:
Class Action
Back to newsroom
Back to Newsroom

Contact Us Today


If you have questions or want to learn more about our products, our team’s here to help!

Share by: