Investigations

GRABAR LAW OFFICE INVESTIGATES POTENTIAL SHAREHOLDER ACTION ON BEHALF OF CURRENT SHAREHOLDERS OF DOCUSIGN, INC. (NASDAQ GS: DOCU)

Grabar Law Office is investigating potential shareholder claims against the officers and directors of DocuSign, Inc. ("DocuSign").  A class action complaint has been filed against DocuSign, which alleges that defendants misrepresented and/or failed to disclose that: (i) 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; (ii) demand for DocuSign's services was, in fact, waning as COVID-19 pandemic restrictions were being lifted; (iii) DocuSign downplayed the impact that a return to normal would have on DocuSign's growth and business; and (iv) as a result, defendants' statements about DocuSign's business, operations, and prospects lacked a reasonable basis and were materially false and/or misleading at all relevant times.

Unlike a class action, brought on behalf of damaged investors, a shareholder derivative action is an action brought by a shareholder of a public company on behalf of and for the benefit of the company itself against the directors and/or officers of that company. In a derivative action, shareholders “step into the shoes” of the directors and officers of a company and bring litigation that the board would be unwilling to pursue on its own.

Current DocuSign shareholders who have held shares of the stock since at least March 27, 2020, can seek corporate reforms, the return of funds back to company coffers and potentially a court approved incentive award if appropriate. If you would like to learn more about this matter at no cost to you, please fill out the form provided or contact us at jgrabar@grabarlaw.com or call 267-507-6085. $DOCU

Contact Us

Please enter your name.
Please enter a valid phone number.
Please enter a message.

Standard Derivative Form Retainer

Standard Form Derivative Retainer Letter - No Cost
  • Join This Action

  • Alternatively, you may upload your transactions using the upload button below or email them to jgrabar@grabarlaw.com. *

  • Drop files here or
    Max. file size: 100 MB.
    • Signed pursuant to California Civil Code Section 1633.1, et seq. and the Uniform Electronic Transactions Act as adopted by the various states and territories of the United States.
    • Date of signing: *

    • MM slash DD slash YYYY
    • This field is for validation purposes and should be left unchanged.

    More Information