New York, New York–(Newsfile Corp. – December 24, 2024)- BECAUSE: Rosen Law Firm, a global investor rights law firm, reminds buyers of securities of Xerox (NASDAQ:) Holdings Corporation (NASDAQ: XRX) between January 25, 2024 and October 28, 2024, both dates inclusive (the “Class Period”), of the important January 21, 2025 Lead Plaintiff Deadline.
SO WHAT: If you purchased Xerox securities during the Class Period, you may be entitled to compensation without payment of any out-of-pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the @rosenlegal.com for information about the class action lawsuit. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must file with the Court no later than January 21, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSENADA LAW: We encourage investors to select qualified attorneys with a track record of success in leadership roles. Often, companies issuing notices do not have comparable experience, resources or any significant recognition from their peers. Many of these firms do not actually litigate securities class actions, but are simply intermediaries who refer clients or partner with law firms that actually litigate cases. Be cautious when selecting an attorney. Rosen Law Firm represents investors throughout the world and concentrates its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest securities class action settlement against a Chinese company at that time. Rosen Law Firm Ranked No. 1 by ISS Securities Class Action (WA:) Services for several securities class action settlements in 2017. The company has ranked in the top four every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company earned more than $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Plaintiffs’ College. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, during the Class Period, defendants made false and/or misleading statements and/or failed to disclose that: (1) following a large workforce reduction, Xerox’s sales force was reorganized with new assignments of territories and account coverage; (2) as a result, the productivity of Xerox’s sales force suffered; (3) as a result, Xerox had a lower rate of sell-through of older products; (4) difficulties in disposing of older products would delay the launch of key products; (5) as a result, Xerox was likely to experience lower sales and revenues; and (6) as a result of the foregoing, defendants’ positive statements about Xerox’s business, operations and prospects were materially misleading and/or lacked a reasonable basis. When the true details hit the market, the lawsuit claims investors suffered damages.
To join the @rosenlegal.com for information about the class action lawsuit.
No classes have been certified. Until a class is certified, you will not be represented by an attorney unless you hire one. You can select the lawyer of your choice. You can also remain an absent party member and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on serving as lead plaintiff.
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