TDC Sued for Securities Law Violations - Contact The Rosen Law Firm Before August 13, 2024 to Discuss Your Rights - TDC

Core Viewpoint - Rosen Law Firm is reminding purchasers of Teradata Corporation securities about the upcoming lead plaintiff deadline for a class action lawsuit, indicating potential compensation for affected investors without upfront costs [1][2]. Group 1: Class Action Details - The class action lawsuit pertains to Teradata securities purchased between February 13, 2023, and February 12, 2024, with a lead plaintiff deadline set for August 13, 2024 [1][2]. - Investors can join the class action by submitting a form or contacting the law firm directly for more information [2][5]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes its experience and success in securities class actions, having achieved significant settlements, including the largest against a Chinese company [3]. - The firm has been consistently ranked among the top firms for securities class action settlements and has recovered hundreds of millions of dollars for investors [3]. Group 3: Case Allegations - The lawsuit alleges that Teradata made false or misleading statements regarding its business model and customer transaction timelines, leading to an overstatement of its ability to meet revenue expectations [4]. - Specific claims include delays in closing customer transactions and an inability to meet the 2023 Total Annual Recurring Revenue growth expectations, which resulted in investor damages when the truth was revealed [4].