Boston, Massachusetts--(Newsfile Corp. - January 3, 2022) - The Thornton Law Firm alerts investors that a class action lawsuit has been filed on behalf of investors of DocuSign, Inc. (NASDAQ: DOCU). The case is currently in the lead plaintiff stage. Investors who purchased DocuSign securities between March 27, 2020 and December 2, 2021 may contact the Thornton Law Firm's investor protection team by visiting www.tenlaw.com/cases/DocuSign for more information. Investors may also email investors@tenlaw.com or call 617-531-3917.
FOR MORE INFORMATION: www.tenlaw.com/cases/DocuSign
The case alleges that DocuSign and its senior executives made misleading statements to investors and failed to disclose that: (i) the impact of the Covid-19 pandemic on DocuSign's business was positive, not negative; (ii) DocuSign misrepresented the role that the Covid-19 pandemic had on its growth; and (iii) DocuSign downplayed the impact that a 'return to normal' would have on the Company's growth and business. The complaint alleges that on December 3, 2021 DocuSign's stock price fell over 42% per share.
Interested DocuSign investors have until February 22, 2022 to retain counsel and apply to be a lead plaintiff if they are interested to do so. A lead plaintiff acts on behalf of all other investor class members in managing the class action. Investors do not need to be a lead plaintiff in order to be a class member. If investors choose to take no action, they can remain an absent class member. The class has not yet been certified. Until certification occurs, investors are not represented by an attorney. Thornton Law Firm is not currently representing a plaintiff who filed a complaint but is investigating the case on behalf of investors interested in being a lead plaintiff.
FOR MORE INFORMATION: www.tenlaw.com/cases/DocuSign
Thornton Law Firm's securities attorneys are highly experienced in representing investors in recovering damages caused by violations of the securities laws. Its attorneys have established track records litigating securities cases in courts throughout the country and recovering losses on behalf of investors. This may be considered Attorney Advertising in some jurisdictions. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
CONTACT:
Thornton Law Firm LLP
1 Lincoln Street
State Street Financial Center
Boston, MA 02111
www.tenlaw.com/cases/DocuSign
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108926
