PHILADELPHIA, PA / ACCESS Newswire / May 29, 2025 / The law firm of Kaskela Law LLC announces that it is investigating CS Disco, Inc. (NYSE:LAW) on behalf of the company’s long-term shareholders.
Click here to receive additional information about your legal rights and options: https://kaskelalaw.com/case/cs-disco/
Recently a securities fraud complaint was filed against CS Disco on behalf of certain investors who purchased shares of the company’s stock between July 21, 2021 and September 11, 2023 (the "Relevant Period"). According to the complaint, during the Relevant Period, CS Disco and certain of the company’s senior executive officers made a series of materially false and/or misleading statements to investors about the company’s business, operations, and prospects.
The complaint further details how "the truth began to emerge" on August 11, 2022, when CS Disco released financial results for the second quarter of 2022 that shocked investors and analysts alike. Therein, the company revised its annual revenue projections downward, revealing that its previous projections relied on continuing to receive revenues from a small number of large Review matters, matters which had disappeared in the preceding months. Following this news, shares of CS Disco declined $15.53 per share, or over 53% in value, to close at $13.43 per share on August 12, 2022, on unusually heavy trading volume.
The investigation seeks to determine whether the members of CS Disco’s board of directors violated the securities laws and/or breached their fiduciary duties in connection with the above alleged misconduct.
CS Disco shareholders who purchased or acquired LAW shares prior to January 1, 2022 are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750 for additional information about this investigation and their legal rights and options.
Alternatively, investors may submit their information to the firm by clicking on the following link (or by copying and pasting the link into your browser):
https://kaskelalaw.com/case/cs-disco/
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis, and has helped to recover hundreds of millions of dollars for aggrieved investors. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com.
CONTACT:
KASKELA LAW LLC
D. Seamus Kaskela, Esq.
(skaskela@kaskelalaw.com)
Adrienne Bell, Esq.
(abell@kaskelalaw.com)
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(888) 715 – 1740
(484) 229 – 0750
www.kaskelalaw.com
This notice may constitute attorney advertising in certain jurisdictions.
SOURCE: Kaskela Law LLC
View the original press release on ACCESS Newswire
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