CS Disco(LAW) GlobeNewswire News Room·2025-01-07 23:12Class Action Lawsuit Overview - Rosen Law Firm reminds purchasers of Xerox Holdings Corporation securities between January 25, 2024, and October 28, 2024, of the January 21, 2025, lead plaintiff deadline [1] - Purchasers during the Class Period may be entitled to compensation without out-of-pocket fees through a contingency fee arrangement [2] - A class action lawsuit has already been filed, and investors can join by visiting the provided link or contacting Phillip Kim, Esq [3][6] Details of the Case - Defendants allegedly made false and/or misleading statements and/or failed to disclose key issues during the Class Period [5] - Xerox's salesforce was reorganized after a large workforce reduction, leading to disrupted productivity and lower sell-through rates of older products [5] - The difficulties in clearing older products delayed the launch of key products, resulting in lower sales and revenue [5] - Defendants' positive statements about Xerox's business, operations, and prospects were allegedly materially misleading or lacked a reasonable basis [5] Rosen Law Firm's Credentials - Rosen Law Firm specializes in securities class actions and shareholder derivative litigation, representing global investors [4] - The firm achieved the largest securities class action settlement against a Chinese company at the time and has recovered hundreds of millions of dollars for investors [4] - In 2019 alone, the firm secured over $438 million for investors [4] - Rosen Law Firm has been ranked in the top 4 for securities class action settlements each year since 2013 and was ranked No 1 by ISS Securities Class Action Services in 2017 [4] Next Steps for Investors - Investors can join the class action by submitting a form online or contacting the provided phone number or email [3][6] - No class has been certified yet, and investors are not represented by counsel unless they retain one [7] - Investors may choose to remain absent class members or select their own counsel [7]