The complaint seeks damages for the nearly $100 per share lost in December after San Francisco-based DocuSign Inc. recorded half its expected quarterly growth.
May 18, 2022 at 05:17 PM
2 minute read
The original version of this story was published on Delaware Business Court Insider
A DocuSign Inc. shareholder has filed a derivative suit in the District of Delaware, claiming investors were wrongly led to believe demand for e-signature software wasn’t tied to pandemic restrictions.
The complaint, filed Tuesday by Rigrodsky Law, seeks damages for the nearly $100 per share lost in December after San Francisco-based DocuSign Inc. recorded half its expected quarterly growth.
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DocuSign headquarters in San Francisco, California. Photo: Coolcaesar via Wikimedia Commons
