DOCUSIGN INVESTIGATION INITIATED By Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of DocuSign, Inc. – DOCU
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into DocuSign, Inc. . (NasdaqGS: DOCU). In December 2021, the Company released its financial results for the third quarter 2022, disclosing dramatically slowed billings growth, constituting a 28% drop year-over-year, primarily due to waning demand as customers began returning to their offices and resumed in-person signature processes, Contrary to its prior representations that a pandemic-driven demand would be viable long-term. Further, the Company disclosed the departure of former CFO Michael Sheridan, one of the primary executives responsible for setting the Company's billings guidance early in the pandemic. Thereafter, the Company and certain of its executives were sued in…