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ROSEN, A TOP-RANKED LAW FIRM, Encourages Xerox Holdings Corporation. Investors to Secure Counsel Before Important Deadline in Securities Class Action - XRX
TOP Financial TOP Financial (US:TOP) GlobeNewswire News Roomยท2024-11-23 14:43

Core Viewpoint - A class action lawsuit has been filed against Xerox Holdings Corporation for alleged misleading statements and failures to disclose critical information regarding its business operations and sales performance during the specified period [1][5]. Group 1: Lawsuit Details - The class action lawsuit pertains to all purchasers of Xerox securities between January 25, 2024, and October 28, 2024 [1]. - Allegations include that Xerox's salesforce productivity was disrupted due to a large workforce reduction and reorganization, leading to lower sales and revenue [5]. - The lawsuit claims that positive statements made by Xerox regarding its business were materially misleading and lacked a reasonable basis [5]. Group 2: Investor Information - Investors who purchased Xerox securities during the class period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [2]. - Interested parties can join the class action by submitting a form or contacting the law firm for more information [3][6]. - A lead plaintiff must move the Court by January 21, 2025, to represent other class members in the litigation [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements for investors, including over $438 million in 2019 [4]. - The firm has been recognized for its success in leadership roles within the legal community, ranking highly in securities class action settlements [4].