Contact CS Disco stock loss lawyer Timothy L. Miles about a CS Disco class action lawsuit
INTRODUCTION TO THE CS DISCO CLASS
The CS Disco class action lawsuit seeks to represent purchasers of CS Disco, Inc. (NYSE: LAW) common stock between July 21, 2021 and August 11, 2022, inclusive (the “Class Period”). Captioned Gambrill v. CS Disco, Inc., No. 23-cv-08270 (S.D.N.Y.), the CS Disco class action lawsuit charges CS Disco and certain of its top executive officers with violations of the Securities Exchange Act of 1934.
If you suffered losses in CS Disco stock and wish to serve as lead plaintiff in the CS CS Disco class action lawsuit, please contact CS Disco Stock Loss Lawyer Timothy L. Miles by calling 855/846-6529 or via e-mail at [email protected] or by submitting a contact form. Lead plaintiff motions for the CS Disco class action lawsuit must be filed with the court no later than November 20, 2023. Read on to learn five things you should know about the CS Disco class action lawsuit. THE ALLEGATIONS IN THE CS DISCO CLASS ACTION LAWSUIT
The Disco class action lawsuit alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that despite “CS Disco frequently tout[ing] its rapid revenue growth,” “[d]efendants were aware of, or recklessly disregarded, the fact that the handful of customers that drove this explosive growth had already decided to end their projects with [CS Disco] by end of 2021, and CS Disco had excellent advance visibility into this shakeup in its business.”
The Disco class action lawsuit further alleges that on August 11, 2022, CS Disco “disclosed to investors that its explosive growth was in fact attributable to just a handful of large customers” and that “in warning investors that it would no longer be including revenues from these customers in its guidance, [CS Disco] also effectively disclosed that the business from these customers would not be returning.” The CS Disco class action lawsuit alleges that on this news, the price of CS Disco common stock declined more than 53%. THE LEAD PLAINTIFF PROCESS IN THE THE CS DISCO CLASS ACTION LAWSUIT
The Private Securities Litigation Reform Act of 1995 permits any investor who purchased and suffered losses in CS Disco stock to seek appointment as lead plaintiff in the Disco class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class.
A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. If you suffered losses in CS Disco stock and have further questions, contact CS Disco stock loss Lawyer Timothy L. Miles today who will fight to recover your damages in a Disco class action lawsuit if you suffered losses in CS Disco stock. THE BENEFITS OF SERVING AS LEAD PLAINTIFF IN THE CS DISCO CLASS ACTION LAWSUIT
Serving as a Lead Plaintiff in the Disco class action lawsuit has several advantages and important benefits including:
Thus, there are numerous benefits and other advantages to serving as lead plaintiff in a class action against CS Disco if you suffered losses in CS Disco stock. NON-U.S. INVESTOR NAY SERVE AS LEAD PLAINTIFF IN THE CS DISCO CLASS ACTION LAWSUIT IF THEY SUFFERED LOSSES IN CS DISCO STOCK?
Courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in CS Disco stock, they may move the Court to be appointed lead plaintiff in the Disco class action lawsuit.
THE LEAD PLAINTIFFS will not GET MORE MONEY THAN CLASS MEMBERS IF THE CS DISCO CLASS ACTION LAWSUIT SETTLES
No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the Disco class action lawsuit Under the Private Securities Litigation Reform Act of 1995, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the Disco class action lawsuit on behalf of investors who suffered losses in CS Disco stock.
CONTACT AN CS DISCO STOCK LOSS LAWYER TODAY IF YOU SUFFERED LOSSES IN CS DISCO STOCK ABOUT A CS DISCO CLASS ACTION LAWSUIT
If you suffered losses in CS Disco stock, contact CS Disco stock loss lawyer Timothy L. Miles today for a free case evaluation about a Disco class action lawsuit. Call today and see what a CS Disco stock loss lawyer could do for you if you suffered losses in CS Disco stock.
CS Disco stock loss lawyer Timothy L. MilesNashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association, 6Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America's Most Honored Lawyers 2020; Top 1% by America's Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
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The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846-6529 Email: [email protected] HOURS OF OPERATION Mon-Fri: 24/7 Sat-Sun: 24/7 |
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