SAN FRANCISCO, Dec 04, 2021 (GLOBE NEWSWIRE) – Hagens Berman calls on DocuSign, Inc. (NASDAQ: DOKU) Investors with significant losses, file your losses now. The firm also encourages those with knowledge who can assist the investigation to contact their attorneys.
DocuSign, Inc. (DOCU) investigation:
The research focuses on what DocuSign and senior management have made about the company’s growth prospects.
As recently as September 2, 2021, DocuSign and its management praised the company’s billing and revenue growth, assured investors that they continue to see strong early renewals and additions to existing customers, assured investors that they can see and track DocuSign’s customer behavior and stressed that they saw no significant slowdown in DocuSign’s business.
But on December 2, 2021, those statements were challenged when DocuSign announced it saw a significant slowdown in billing growth in the third quarter of 2022 that would continue into the fourth quarter of 2022. The company made the slowdown in part due to a sudden change in customer buying behavior.
That news caused DocuSign shares to decline on December 3, 2021.
“We’re focusing on investor losses and when DocuSign and its management first saw signs of a slowdown in the company’s billing growth,” said Reed Kathrein, who led the investigation.
If you have invested in DocuSign and suffer significant losses or have knowledge that may aid the company’s investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblower: Individuals with nonpublic information about DocuSign should consider their options to help with the investigation or to use the SEC’s whistleblower program. Under the new program, whistleblowers who provide original information can receive rewards totaling up to 30 percent for each successful SEC recovery. Further information is available from Reed Kathrein at 844-916-0895 or send an email to DOCU@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities across the country and over eighty attorneys. The firm represents investors, whistleblowers, employees and consumers in complex legal disputes. You can find out more about the firm and its successes at hbsslaw.com. For the latest news, visit our newsroom or follow us on Twitter @classactionlaw.
Reed Kathrein, 844-916-0895