Xerox
XRX
ATLANTA, GA – – (Globe Newswire – November 20, 2024) – – A shareholder class action lawsuit has been filed against Xerox Holdings Corporation (“Xerox” or “the Company”) (NASDAQ: XRX). The lawsuit alleges that Defendants made materially false and/or misleading statements, and/or failed to disclose material adverse facts about the Company’s business, operations, and prospects, including allegations that: (1) after a large workforce reduction, Xerox’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, Xerox 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; and (5) as a result, Xerox was likely to experience lower sales and revenue.
If you bought shares of Xerox between January 25, 2024 and October 28, 2024, and you suffered a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at cholzer@holzerlaw.com, by toll-free telephone at (888) 508-6832 or you may visit the firm’s website at www.holzerlaw.com/case/xerox/ to learn more.
The deadline to ask the court to be appointed lead plaintiff in the case is January 20, 2025.
Registration Deadline
Lead Plaintiff Deadline Has Passed
January 20, 2025