DocuSign, Inc.

Case Details

Class Period: March 27, 2020 - December 2, 2021
Date Filed: December 22, 2021
Case Number: 1:21cv07071
Jurisdiction: New York Eastern District Court
icon-casetype Case Type: Securities Case
Days Left to
Seek Plaintiff:

Case Summary

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the impact of the Covid-19 pandemic on DocuSigns business was positive, not negative; (2) DocuSign misrepresented the role that the Covid-19 pandemic had on its growth; (3) DocuSign downplayed the impact that a return to normal would have on the Companys growth and business; and (4) as a result, defendants public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.