financetom
Technology
financetom
/
Technology
/
Legal tech company Disco gets new CEO after co-founder's messy exit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Legal tech company Disco gets new CEO after co-founder's messy exit
Apr 10, 2024 12:06 PM

April 10 (Reuters) - Legal technology and artificial

intelligence company CS Disco ( LAW ) has hired a new chief executive

following the exit of its former leader amid sexual misconduct

allegations last year.

The Austin-based electronic discovery software maker said

Wednesday that Eric Friedrichsen will start as president and CEO

on April 29. He takes over from interim CEO and board member

Scott Hill, who has held the role since co-founder Kiwi Camara's

abrupt departure last September.

Friedrichsen was CEO of expense management software company

Emburse until January.

"I am proud of the way the DISCO team responded to a very

difficult year in 2023 by recommitting to our customers and each

other," Hill said in a statement. He called Friedrichsen the

right leader "to successfully write DISCO's next chapter."

Camara stepped down as CEO after the company's board opened

an investigation into allegations that he groped a young female

employee, the Wall Street Journal reported in September, citing

anonymous sources. The Journal in October also reported on

employee concerns with how Disco handled clients and product

issues. The company defended its customer practices.

Camara has not publicly responded to the misconduct claims,

and he could not immediately be reached for comment on

Wednesday.

Paul, Weiss, Rifkind, Wharton & Garrison was hired to review

the company's workplace policies, with Washington, D.C.-based

partner Jeannie Rhee leading the engagement, a firm spokesperson

said.

A Disco spokesperson said the review was "fully completed"

by the law firm, but declined to share details about any

findings.

Disco separately said in a U.S. Securities and Exchange

Commission filing in January that Luke McNeal, its senior vice

president of global sales, was leaving the company immediately

"as a result of actions inconsistent with the company's

standards."

The Disco spokesperson declined to elaborate on the reasons

for McNeal's exit. McNeal did not immediately respond to a

request for comment via LinkedIn.

Disco, Camara and the company's chief financial officer,

Michael Lafair, were hit with a securities class action after

Camara's exit, accusing the defendants of misleading investors

about the company's financial condition.

Cooley partner Aric Wu, who is representing the defendants

in the lawsuit in Texas federal court, did not immediately

respond to a request for comment.

Disco in 2021 became one of a small number of legal

technology companies to go public. The company, which launched

in 2013, grew out of Camara & Sibley, a Texas litigation

boutique that Camara helped found.

The company sells artificial intelligence-powered products

for lawyers, and in December released a generative AI tool.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple's WWDC 2025: Unveiling Ios 26, Liquid Glass Interface And Carplay Enhancements
Apple's WWDC 2025: Unveiling Ios 26, Liquid Glass Interface And Carplay Enhancements
Jun 15, 2025
Apple Inc. ( AAPL ) has unveiled iOS 26 and the Liquid Glass interface at its Worldwide Developers Conference. The event also highlighted enhancements to CarPlay, the Vision Pro, and the iPad. Bloomberg's Mark Gurman, in his latest weekly Power On” reported that the Liquid Glass interface, which unifies all of Apple’s operating systems for the first time, was the most discussed feature at the conference. However, other significant upgrades were also...
Gold attempts to offload its overbought conditions -Analysis-16-06-2025
Gold attempts to offload its overbought conditions -Analysis-16-06-2025
Jun 15, 2025
The (Gold) price couldnt keep its early gains, as it bounced back to the downside in its last intraday trading, targeting offloading the clear overbought conditions on the (RSI), especially with the emergence of the negative signals on them, gathering its positive strength, indicating the possibility for the continuation of the bullish pressure on the short-term basis. This decline comes...
Amazon to invest $13 billion in Australia's data center infrastructure over five years
Amazon to invest $13 billion in Australia's data center infrastructure over five years
Jun 14, 2025
June 14 (Reuters) - Amazon ( AMZN ) will invest 20 billion Australian dollars ($12.97 billion) from 2025 to 2029 to expand, operate and maintain its data center infrastructure in Australia, aiming to bolster the nation's artificial intelligence capabilities, the company said in a blog post on Saturday. The investment is Amazon's ( AMZN ) largest global technology commitment in...
Taiwan adds China's Huawei and SMIC to export control list
Taiwan adds China's Huawei and SMIC to export control list
Jun 15, 2025
* Taiwan adds Chinese tech champions to export control list * Taiwan says move is based on national security considerations * Taiwan already has tight chip export controls for China TAIPEI, June 15 (Reuters) - Taiwan has added China's Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, which includes other proscribed organisations like the Taliban...
Copyright 2023-2026 - www.financetom.com All Rights Reserved