Levi & Korsinsky, LLP announces that a UIS class action lawsuit has been filed on behalf of investors who purchased Unisys Corporation (UIS) securities between August 3, 2022, and November 7, 2022. For more on the UIS Lawsuit please contact us today.
According to the Unisys lawsuit, throughout the Class Period defendants made false and/or misleading statements and/or failed to disclose that:(i) the Company’s 2022 financial guidance was significantly overstated; (ii) accordingly, once the truth was revealed, it was likely that the Company would be required to negatively revise its 2022 financial guidance; (iii) in addition to the foregoing, material weaknesses existed in the Company’s internal control over financial reporting; and (iv) as a result of all of the foregoing, the Company’s public statements were materially false and misleading at all relevant times.
If you suffered a loss in Unisys you have until January 10, 2023, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171