Investigation Launched by Former Louisiana Attorney General Into CS Disco, Inc. Leadership

Investigation into CS Disco, Inc.

On March 14, 2025, news broke that Kahn Swick & Foti, LLC (KSF), led by former Attorney General of Louisiana Charles C. Foti, Jr., has begun probing the leadership of CS Disco, Inc. This investigation arises in light of several alarming developments concerning CS Disco's recent performance and executive decisions, including a significant financial downturn and leadership changes.

Recent Events Surrounding CS Disco

CS Disco, a company traded on the NYSE under the ticker LAW, faced backlash following its lackluster financial performance revealed on August 11, 2022. The company reported a drastic slowdown in revenue growth compared to previous quarters and announced it would withdraw revenue guidance that depended heavily on its most significant clients for the remainder of the fiscal year. This announcement sent shockwaves through the investor community, raising concerns about the company's stability and future prospects.

Adding to the turmoil, CS Disco's co-founder and chief executive officer, Kiwi Camara, announced his resignation from both his role as CEO and a member of the board of directors on September 11, 2023. This leadership vacuum has prompted further dissatisfaction among shareholders who are questioning the company's governance.

Following these developments, a securities class action lawsuit emerged against CS Disco and some of its executives. The lawsuit accuses them of violating federal securities laws by failing to disclose crucial information during what is referred to as the Class Period. This series of events triggered KSF's decision to investigate whether the executives and directors of CS Disco had indeed breached their fiduciary responsibilities towards shareholders or engaged in unlawful conduct.

Details of the Investigation

Kahn Swick & Foti's inquiry aims to determine if there were any breaches of fiduciary duty on the part of CS Disco's officers and directors, particularly regarding financial reporting and disclosure practices. As investors seek clarity amidst these legal proceedings, KSF emphasizes the importance of gathering information from current or former shareholders about their experiences and any knowledge they may have regarding these matters.

If individuals believe they possess insights that could further assist KSF's investigation or if they are interested in understanding their legal rights as long-term CS Disco shareholders, they are encouraged to reach out. KSF is available for consultation without obligation through their toll-free line or by visiting their website for more information on the case.

About Kahn Swick & Foti, LLC

As one of the foremost boutique securities litigation firms in the United States, Kahn Swick & Foti, LLC prides itself on pursuing justice for investors. Led by notable figures like Charles C. Foti, Jr., the firm has earned recognition for its success in securing settlements for clients affected by corporate fraud or misconduct. KSF operates in multiple locations, including New York, Delaware, California, Louisiana, Chicago, New Jersey, and has an office in Luxembourg, ensuring a broad reach in legal representation.

For additional information about KSF and its ongoing investigations, interested parties are encouraged to visit their official website. The firm reflects a commitment to holding corporations accountable and protecting the rights of investors in an ever-evolving financial landscape.