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Lead Plaintiff Deadline
Jan 21, 2025
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The filed complaint alleges that Xerox Holdings Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) after a large workforce reduction, the Company’s salesforce was reorganized with new territory assignments and account coverage; (2) as a result, the Company’s salesforce productivity was disrupted; (3) as a result, the Company had a lower rate of sell-through of older products; (4) the difficulties in flushing out older product would delay the launch of key products; (5), as a result, Xerox was likely to experience lower sales and revenue; and (6) as a result of the foregoing, defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
In order to be eligible to join the XRX class action lawsuit, you must have incurred a loss on shares of Xerox Holdings Corporation purchased during the class period listed above.
If you suffered a loss in Xerox Holdings Corporation during the relevant time frame or pursuant to the relevant offering(s), you have until January 21, 2025 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.
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