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The filed complaint alleges that Unisys Corporation made materially false and/or misleading statements and/or failed to disclose that: The Securities and Exchange Commission ("SEC") announced on October 22, 2024, that it had charged four companies, including Unisys, with "making materially misleading disclosures regarding cybersecurity risks and intrusions." Further, the SEC also charged Unisys with disclosure controls and procedures violations. Following this news, Unisys' stock fell over 8% on the same day.
In order to be eligible to join the UIS class action lawsuit, you must have incurred a loss on shares of Unisys Corporation purchased during the class period listed above.
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