NEW YORK CITY, NY / ACCESSWIRE / November 20, 2024 / Pomerantz LLP is investigating claims on behalf of investors of Unisys Corporation ("Unisys" or the "Company") (NYSE:UIS). Such investors are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.
The investigation concerns whether Unisys and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
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On October 22, 2024, the U.S. Securities and Exchange Commission ("SEC") announced that it had charged four companies, including Unisys, with "making materially misleading disclosures regarding cybersecurity risks and intrusions." The SEC also charged Unisys with disclosure controls and procedures violations.
On this news, Unisys's stock price fell $1.17 per share, or 17.11%, over the following two trading sessions, to close at $5.67 per share on October 23, 2024.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
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SOURCE: Pomerantz LLP