TDC LAWSUIT NOTIFICATION: BFA Law Notifies Teradata Corp. (NYSE:TDC) Investors that the Company has been Sued for Securities Fraud, and Urges Investors to Contact Us

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: Lawsuit Details - 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 began to learn about the issues when Teradata disclosed on December 7, 2023, that certain large deals could be delayed, 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" caused it to miss its previously issued Annual Recurring Revenue (ARR) guidance, leading to a further decline in stock price by $10.57 per share, or 22%, closing at $38.22 [4]. Group 2: Legal Representation - Bleichmar Fonti & Auld LLP is encouraging investors who lost money on their Teradata investment to submit their information to explore their rights [5]. - The firm offers representation on a contingency fee basis, meaning there are no upfront costs for shareholders, who will not be responsible for court costs or litigation expenses [7]. - BFA is recognized as a leading international law firm in securities class actions and has achieved significant recoveries in past cases, including over $900 million from Tesla, Inc. and $420 million from Teva Pharmaceutical Industries Ltd. [8].