Jan. 16 at 2:51 PM
$LAW has agreed to settle with investors over claims that it misled them about its post-IPO growth by concealing the loss of key customers and issuing overly optimistic revenue guidance tied to volatile, usage-based demand.
Who’s eligible?
Anyone who purchased
$LAW shares between July 21, 2021 and August 11, 2022.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The settlement amount and per-share payout have not yet been finalized. Once disclosed, individual recoveries will depend on how many valid claims are filed.
Can I still file?
Not yet — the parties have reached an agreement, but the settlement terms are still being finalized. Claims will open after court approval.
When do payouts happen?
Typically within 8–12 months after final court approval of the settlement.
To file your claim: https://11th.com/cases/cs-disco-investor-lawsuit