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Xerox Holdings Corporation (XRX) Investors Who Lost Money Have Opportunity To Lead Securities Fraud Lawsuit
BENSALEM, Pa., Jan. 10, 2025 /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Xerox Holdings Corporation ("Xerox" or the "Company") (NASDAQ: XRX ).
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN XEROX HOLDINGS CORPORATION (XRX), CONTACT THE LAW OFFICES OF HOWARD G. SMITH
BEFORE JANUARY 21, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at
[email protected] , by telephone at (215) 638-4847 or visit our website at .
What Is The Lawsuit About?
The complaint filed alleges that, between January 25, 2024 and October 28, 2024, Defendants failed to disclose to investors: (1) that, after a large workforce reduction, the Company's salesforce was reorganized with new territory assignments and account coverage; (2) that, as a result, the Company's salesforce productivity was disrupted; (3) that, as a result, the Company had a lower rate of sell-through of older products; (4) that the difficulties in flushing out older product would delay the launch of key products; (5) that, as a result, Xerox was likely to experience lower sales and revenue; and (6) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Contact Us To Participate or Learn More:
If you wish to
learn more
about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected] ,
Visit our website at: .
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
SOURCE Law Offices of Howard G. Smith
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