Investors in Xerox Holdings Corporation Should Contact The Gross Law Firm Before January 21, 2025 to Discuss Your Rights – XRX

Core Viewpoint - Xerox Holdings Corporation is facing a class action lawsuit due to allegations of issuing materially false and misleading statements regarding its business operations and sales performance during a specific class period [2]. Group 1: Allegations and Impact - The lawsuit claims that after a significant workforce reduction, Xerox reorganized its salesforce, which disrupted productivity and led to lower sales and revenue [2]. - The company experienced a lower rate of sell-through of older products, which is expected to delay the launch of key new products [2]. - Defendants' positive statements about Xerox's business and prospects were allegedly misleading and lacked a reasonable basis due to these operational challenges [2]. Group 2: Class Action Details - The class period for the lawsuit is defined as January 25, 2024, to October 28, 2024 [2]. - Shareholders who purchased shares during this period are encouraged to register for participation in the class action, with a deadline for lead plaintiff appointment set for January 21, 2025 [3]. - There is no cost or obligation for shareholders to participate in the case, and they will receive updates through a portfolio monitoring software [3].