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CS Disco Director Buys 6,500 Shares at $4.92/Share on 2025-08-14.
ByAinvest
Friday, Aug 15, 2025 4:45 pm ET1min read
CS Disco, Inc., a company in the legal sector, has announced that Offerdahl James, a member of its board of directors, has made a recent purchase of 6,500 shares of the company's stock at a price of $4.92 per share on August 14, 2025.
New York, NY — Bragar Eagel & Squire, P.C., a leading shareholder rights law firm, has announced that it is investigating potential claims against CS Disco, Inc. (NYSE: LAW) on behalf of long-term stockholders. The investigation follows a class action complaint filed against CS Disco on September 19, 2023, alleging that the company's board of directors may have breached their fiduciary duties [1].The complaint, which covers the period from July 21, 2021, to August 11, 2022, alleges that CS Disco repeatedly touted strong growth in its revenues, driven by its cloud-based electronic discovery platform. However, it is alleged that the company did not disclose significant headwinds to its growth during this period. The complaint further states that on August 11, 2022, CS Disco released financial results showing a drastic tapering of revenue growth, which led to a 53% drop in the company's common shares on August 12, 2022 [1].
Separately, on August 14, 2025, it was reported that Offerdahl James, a member of CS Disco's board of directors, purchased 6,500 shares of the company's stock at a price of $4.92 per share. This purchase comes amidst the ongoing investigation and the recent market turmoil surrounding the company [2].
Investors who are long-term stockholders in CS Disco and have information or questions concerning these matters are encouraged to contact Bragar Eagel & Squire, P.C. directly. The firm can be reached at (212) 355-4648 or via email at investigations@bespc.com [1].
References:
[1] https://www.morningstar.com/news/globe-newswire/9513003/cs-disco-alert-bragar-eagel-squire-pc-is-investigating-cs-disco-inc-on-behalf-of-long-term-stockholders-and-encourages-investors-to-contact-the-firm
[2] Noted in the article
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