LOS ANGELES, CA / ACCESSWIRE / December 13, 2022 / The law firm Schalla national shareholder rights attorney, announces the filing of a class action lawsuit against Unisys Corporation (“Unisys” or “the Company”) (NYSE:UIS) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the US Securities and Exchange Commission.
Investors who purchased the Company’s securities between August 3, 2022 and November 7, 2022 inclusive (the “Collection Period”) are advised to contact the Company before January 10, 2023.
If you are a shareholder who has suffered a loss, Click here to participate.
We also encourage you to contact Brian Schall of the 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 contact us via the law firm’s website at www.schallfirm.comor by email at [email protected].
The class in this case has not yet been certified and you will not be represented by an attorney until certification. If you don’t do anything, you can remain absent.
According to the complaint, the company made false and misleading statements to the market. Unisys significantly overstated its 2022 financial guidance. Once the truth about the company came out, it would be forced to downgrade its financial guidance. The company suffered from significant weaknesses in its internal controls over financial reporting. Based on these facts, the Company’s public statements throughout the class action period were false and substantially misleading. When the market broke the truth about Unisys, investors suffered.
Join the case to make up for your losses.
The law firm of Schall represents investors around the world and specializes in securities class actions and shareholder disputes.
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