Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against DocuSign, Inc. (NASDAQ: DOCU) on behalf of long-term stockholders following a class action complaint that was filed against DocuSign on February 8, 2022 with a Class Period from March 27, 2020 and December 2, 2021. Our investigation concerns whether the board of directors of DocuSign have breached their fiduciary duties to the company.
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The complaint alleges that, throughout the Class Period, the Defendants misrepresented and/or failed to disclose that: (1) much of DocuSign's accelerated growth in 2020 and early 2021 was attributable to COVID-19 pandemic restrictions rather than a sustainable shift in demand for DocuSign's services; (2) demand for DocuSign's services was, in fact, waning as COVID-19 pandemic restrictions were being lifted; and (3) as a result, the Defendants' statements about DocuSign's business, operations, and prospects lacked a reasonable basis.
If you are a long-term stockholder of DocuSign, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Melissa Fortunato by email at investigations@bespc.com, by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you.
About Bragar Eagel & Squire, P.C.:
Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.
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Contacts
Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Melissa Fortunato, Esq.
(212) 355-4648
investigations@bespc.com
www.bespc.com
