TERADATA (NYSE:TDC) LEGAL NOTICE: Teradata Corp. Sued for Securities Fraud, Investors who Suffered Losses are Reminded to Contact BFA Law About the Lawsuit

Core Viewpoint - Teradata Corp. is facing a securities class action lawsuit due to allegations of making materially false and misleading statements regarding its business model, pipeline health, and revenue growth prospects between February 13, 2023, and February 12, 2024 [2][3]. Group 1: Allegations and Impact - The lawsuit claims that Teradata's expanded business model led to significant delays in closing large customer transactions, resulting in an overstatement of the company's pipeline health and revenue growth prospects [3]. - Investors reportedly began to learn the truth about the company's situation on December 7, 2023, when Teradata disclosed potential delays in large deals, causing the stock price to drop by $2.89 per share, or 6%, closing at $43.40 [4]. - On February 12, 2024, Teradata announced that "deal timing issues" led to missing its previously issued Annual Recurring Revenue (ARR) guidance, which resulted in a further decline of $10.57 per share, or 22%, closing at $38.22 [4]. Group 2: Legal Representation and Actions - Bleichmar Fonti & Auld LLP is encouraging investors who lost money on their Teradata investment to submit their information to explore their rights [5]. - Investors may be eligible to lead the case on behalf of shareholders, with all representation on a contingency fee basis, meaning there are no upfront costs for shareholders [7].