LOS ANGELES–(BUSINESS WIRE)–Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Unisys Corporation (“Unisys” or “the Company”) (NYSE: UIS) for infringement of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the United States Securities and Exchange Commission.
Investors who purchased the Company’s securities between August 3, 2022 and November 7, 2022 inclusive (the “Class Period”) are invited to contact the Company before January 10, 2023.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us via the firm’s website at www.schallfirm.com or by e-mail at [email protected]
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to do nothing, you can remain an absent member of the group.
According to the complaint, the company made false and misleading statements to the market. Unisys has significantly overstated its financial forecast for 2022. Once the truth about the company is revealed, it would be forced to revise its financial forecast downward. The Company suffered from significant weaknesses in its internal controls over financial reporting. Based on these facts, the Company’s public statements were false and materially misleading throughout the Class Period. When the market learned the truth about Unisys, investors suffered damage.
Join the case to recoup your losses.
Schall Law Firm represents investors worldwide and specializes in securities class action and shareholder rights litigation.
This press release may be considered attorney advertising in certain jurisdictions under applicable law and ethical requirements.