{"id":784138,"date":"2023-09-14T13:25:12","date_gmt":"2023-09-14T17:25:12","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/"},"modified":"2023-09-14T13:25:12","modified_gmt":"2023-09-14T17:25:12","slug":"lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/","title":{"rendered":"Lowey Dannenberg Notifies DigitalOcean Holdings, Inc. Investors (NYSE: DOCN) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm"},"content":{"rendered":"<div class=\"mw_release\">\n<p>NEW YORK, Sept.  14, 2023  (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against DigitalOcean Holdings, Inc. Investors (NYSE: DOCN) (\u201cDigitalOcean\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired DigitalOcean securities between February 16, 2023 and August 25, 2023, both dates inclusive (the \u201cClass Period\u201d).<\/p>\n<p>On September 12, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that defendants lacked the skills and experience to assess complicated tax matters and therefore did not design or maintain effective controls over DigitalOcean\u2019s accounting for income taxes.<\/p>\n<p>When investors learned the truth, DigitalOcean\u2019s common stock declined precipitously, injuring investors.<\/p>\n<p>If you suffered a loss of more than $100,000 in DigitalOcean\u2019s securities, and wish to participate, or learn more, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=OZrOj-O5FOuiEAIq6jTi29hP2gdRR-iWlDsz0PxaowYMQ-Nh5zmflz2e9395z9BDKMLZDIT-GgDm2DDRYf7omv-mn4U-lcE_kmcmfyQoPQigSZmWxKAtJFNVHmAhbOYd\" rel=\"nofollow noopener\" target=\"_blank\">click here<\/a>, or please contact our attorneys at (914) 733-7256 or via email to Andrea Farah (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=duHjETRST8TvVI85IyVT1JG3l8qOU-EG747KHbyaUJ-vXOnQCR3GBA4Zbbh4QwX8NbET38q7GXfTGmdkp_NXfg==\" rel=\"nofollow noopener\" target=\"_blank\">afarah@lowey.com<\/a>) or Vincent R. Cappucci Jr. (<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=f6vAiOsmCB_tbItfhbWSLJT8dltXRGXRWfManaFayiz2ohPPvoyXa9TzlOsTvI77JZqz0gNY8kfcBa5hOt_Or4aS6rxAS7D8HLP_cnmjRFo=\" rel=\"nofollow noopener\" target=\"_blank\">vcappucci@lowey.com<\/a>).<\/p>\n<p>Any investor who wishes to serve as Lead Plaintiff must act before <strong>November 13, 2023<\/strong>.<\/p>\n<p>\n        <strong>About Lowey Dannenberg<\/strong><br \/>\n        <br \/>Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has recovered billions of dollars on behalf of its clients.<\/p>\n<p>\n        <strong>Contact<\/strong>:<br \/>Lowey Dannenberg P.C.<br \/>44 South Broadway, Suite 1100<br \/>White Plains, NY 10601<br \/>Tel: (914) 733-7234<br \/>Email: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=oxamc_2mDyg5WiN7pVdBc8Xdk5ebHPhl9z-Y1VJ-1P-oiNwpXqM1MOyu0XoaCjERi1DVZdCxyBDsDYFd2MnpK8uF2Cpa60kkTALF1bWZWQM=\" rel=\"nofollow noopener\" target=\"_blank\">investigations@lowey.com<\/a>\u00a0<\/p>\n<p>\n        <strong>SOURCE<\/strong>: Lowey Dannenberg P.C.<\/p>\n<p \/>\n      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMjUwMyM1ODE1MzQyIzIxOTQ1MzQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/YzJmNjJhM2UtNTBmYy00NmVlLWI2NzUtOTRmODg5N2M5Mzg2LTEyMDYwODc=\/tiny\/Lowey-Dannenberg-P-C-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Sept. 14, 2023 (GLOBE NEWSWIRE) &#8212; Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, announces the filing of a class action lawsuit against DigitalOcean Holdings, Inc. Investors (NYSE: DOCN) (\u201cDigitalOcean\u201d or the \u201cCompany\u201d) for violations of the federal securities laws on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired DigitalOcean securities between February 16, 2023 and August 25, 2023, both dates inclusive (the \u201cClass Period\u201d). On September 12, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that defendants lacked the skills &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lowey Dannenberg Notifies DigitalOcean Holdings, Inc. Investors (NYSE: DOCN) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-784138","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lowey Dannenberg Notifies DigitalOcean Holdings, Inc. 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On September 12, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that defendants lacked the skills &hellip; Continue reading &quot;Lowey Dannenberg Notifies DigitalOcean Holdings, Inc. 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On September 12, 2023, a complaint was filed against the Company and certain of its officers alleging that throughout the Class Period, Defendants made false and\/or misleading statements and\/or failed to disclose that defendants lacked the skills &hellip; Continue reading \"Lowey Dannenberg Notifies DigitalOcean Holdings, Inc. Investors (NYSE: DOCN) Investors of Securities Class Action Lawsuit and Encourages Investors with more than $100,000 in Losses to Contact the Firm\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/","og_site_name":"Market Newsdesk","article_published_time":"2023-09-14T17:25:12+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODkyMjUwMyM1ODE1MzQyIzIxOTQ1MzQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/lowey-dannenberg-notifies-digitalocean-holdings-inc-investors-nyse-docn-investors-of-securities-class-action-lawsuit-and-encourages-investors-with-more-than-100000-in-losses-to-contact-the-firm\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Lowey Dannenberg Notifies DigitalOcean Holdings, Inc. 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