Core Viewpoint - A class action lawsuit has been filed against Xerox Holdings Corporation for alleged misleading statements and failures to disclose critical information during the Class Period from January 25, 2024, to October 28, 2024 [1][5]. Group 1: Lawsuit Details - The lawsuit claims that Xerox's salesforce productivity was disrupted due to a large workforce reduction and reorganization, leading to lower sales and revenue [5]. - Specific allegations include a lower rate of sell-through of older products and delays in launching key products, which were not disclosed to investors [5]. - The lawsuit asserts that the positive statements made by Xerox regarding its business operations were materially misleading [5]. Group 2: Participation 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]. - To join the class action, investors can visit the provided link or contact the law firm directly for more information [3][6]. - A lead plaintiff must be appointed by January 21, 2025, to represent the interests of the class members [1][3]. Group 3: Law Firm Credentials - The Rosen Law Firm has a strong track record in securities class actions, having achieved significant settlements, including over $438 million for investors 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].
ROSEN, A LEADING INVESTOR RIGHTS LAW FIRM, Encourages Xerox Holdings Corporation. Investors to Secure Counsel Before Important Deadline in Securities Class Action - XRX