SAN FRANCISCO, Nov. 08, 2022 (GLOBE NEWSWIRE) — Hagens Berman is pushing Unisys Corporation (NYSE:UIS) Investors who have suffered significant losses Submit your losses now.

Visit: www.hbsslaw.com/investor-fraud/UIS

Unisys Corporation (NYSE:UIS) Investigation:

The investigation focuses on Unisys’ prior financial statements that maintained adequate internal controls over financial reporting.

More specifically, on November 7, 2022, Unisys reported an expanded third-quarter loss and announced an internal investigation that prevented the company from filing its audited financial results with the SEC. The company said its audit committee is conducting an internal investigation “regarding certain disclosure controls and procedural matters, including but not limited to the dissemination and communication of information within certain parts of the organization.” The company further stated that “it may determine that there are one or more material weaknesses in its internal control over financial reporting[.]”

That news sent Unisys shares down 48% in a single trading day.

“We are focused on investor losses and whether Unisys may have breached its disclosure requirements,” said Reed Kathrein, the Hagens Berman partner who led the investigation.

If you have invested in Unisys and suffer significant losses or have knowledge that may assist the firm’s investigations, Click here to discuss your legal rights with Hagens Berman.

Whistleblower: Those with nonpublic information about Unisys should consider their ability to assist in the investigation or use the SEC’s whistleblower program. Under the new program, whistleblowers who provide original information can receive rewards totaling up to 30 percent of each successful recovery by the SEC. For more information, call Reed Kathrein at 844-916-0895 or E-Mail [email protected].

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