Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 20, 2023 to file lead plaintiff applications in a securities class action lawsuit against CS Disco, Inc. (NYSE: LAW), if they purchased the Company’s shares between July 21, 2021, and August 11, 2022, inclusive (the “Class Period”). This action is pending in the United States District Court for the Southern District of New York.
What You May Do
If you purchased shares of CS Disco and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nyse-law/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by November 20, 2023.
About the Lawsuit
CS Disco and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On August 11, 2022, the Company released disappointing financial results for the second quarter of 2022, disclosing that revenue growth had decelerated drastically over past quarters and that it would no longer be including in its guidance any revenues attributable to its largest customers for the entire year, shocking investors and analysts alike.
On this news, shares of CS Disco plummeted $15.53 between August 11, 2022 and August 12, 2022, a drop of more than 53%.
The case is Gambrill v. CS Disco, Inc., No. 1:23-cv-08270.
About Kahn Swick & Foti, LLC
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit http://ksfcounsel.com/.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230920274477/en/
Contacts
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
