Core Viewpoint - Rosen Law Firm is reminding investors who purchased Xerox Holdings Corporation securities between January 25, 2024, and October 28, 2024, of the upcoming lead plaintiff deadline on January 21, 2025, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who purchased Xerox 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 can join by contacting Rosen Law Firm [3][6]. - To serve as lead plaintiff, individuals must file a motion with the Court by January 21, 2025 [3]. Group 2: Law Firm Credentials - Rosen Law Firm emphasizes the importance of selecting qualified counsel with a successful track record in securities class actions, highlighting its own achievements, including the largest securities class action settlement against a Chinese company at the time [4]. - The firm has been ranked No. 1 for securities class action settlements in 2017 and has consistently ranked in the top 4 since 2013, recovering hundreds of millions of dollars for investors [4]. Group 3: Case Allegations - The lawsuit alleges that during the Class Period, Xerox made false or misleading statements and failed to disclose critical information, including disruptions in salesforce productivity due to a workforce reduction and the impact on sales and revenue [5]. - Specific claims include a lower rate of sell-through of older products and delays in launching key products, which collectively misled investors about the company's business prospects [5].
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Xerox Holdings Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - XRX