NEW YORK, Oct. 30, 2023 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of CS Disco, Inc.

Shareholders who purchased shares of LAW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/cs-disco-loss-submission-form/?id=53352&from=3

CLASS PERIOD: July 21, 2021 to August 11, 2022

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose 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.

DEADLINE: November 20, 2023 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/cs-disco-loss-submission-form/?id=53352&from=3

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LAW during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is November 20, 2023. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.