Investors who lost money on Xerox Holdings Corporation(XRX) should contact The Gross Law Firm about pending Class Action - XRX

Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of Xerox Holdings Corporation regarding a class action lawsuit due to alleged misleading statements and operational disruptions affecting the company's sales and revenue [1][3]. Summary by Relevant Sections Class Period and Allegations - The class period for the lawsuit is from January 25, 2024, to October 28, 2024 [3]. - Allegations include that Xerox's management made materially false and misleading statements, failed to disclose significant operational changes, and that these issues led to lower sales and revenue [3]. Operational Disruptions - Key points of disruption include: - A large workforce reduction followed by a reorganization of the salesforce with new territory assignments [3]. - Disruption in salesforce productivity leading to a lower rate of sell-through of older products [3]. - Delays in launching key products due to difficulties in clearing out older inventory [3]. Impact on Financial Performance - As a result of the aforementioned issues, Xerox is likely to experience lower sales and revenue, contradicting previous positive statements made by the company's management [3]. Next Steps for Shareholders - Shareholders are encouraged to register for the class action by January 21, 2025, to monitor the case's progress [4]. - Registration allows shareholders to receive updates and does not incur any costs or obligations [4]. Firm's Commitment - The Gross Law Firm aims to protect investors' rights and ensure companies adhere to responsible business practices, seeking recovery for losses incurred due to misleading statements [5].