TDC FINAL DEADLINE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages Teradata Corporation Investors to Secure Counsel Before Important August 13 Deadline in Securities Class Action – TDC

Core Viewpoint - Rosen Law Firm is reminding investors who purchased Teradata Corporation securities between February 13, 2023, and February 12, 2024, of the upcoming lead plaintiff deadline on August 13, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Teradata securities during the specified class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by August 13, 2024 [3]. - The Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions [4]. Group 2: Allegations Against Teradata - The lawsuit alleges that Teradata made false and misleading statements regarding its business model, which resulted in longer transaction finalization times with customers [5]. - It is claimed that Teradata overstated its ability to close customer transactions within intended timeframes and failed to meet its 2023 Total Annual Recurring Revenue (ARR) expectations [5]. - The lawsuit asserts that when the true details were revealed, investors suffered damages due to the misleading public statements made by Teradata [5].