#United States #New York #Class Action #Gross Law Firm #Xerox Holdings

Investors to Take Action: Xerox Holdings Class Action Notice

Did you invest in Xerox Holdings Corporation (NASDAQ: XRX) during the specified class period from January 25, 2024, to October 28, 2024? If you have experienced financial losses during this timeframe, it’s crucial that you reach out to The Gross Law Firm as they are currently addressing these concerns through a pending class action lawsuit.

Why This Matters

The lawsuit references several allegations that have raised concerns among shareholders. Specifically, it is claimed that Xerox made misleading statements regarding the company's operations and sales performance, resulting in a deceptive spike in stock prices. This misleading information included assertions about a reorganized salesforce which, despite restructuring efforts after a significant workforce reduction, failed to maintain its productivity levels.

The ramifications of these changes reportedly included:
1. Disruption in Sales Performance: The reorganization disrupted the salesforce's productivity, leading to a noticeable decline in the rate of sell-through of older products.
2. Delay in Product Launches: Issues related to older products not being sold impacted the timely launch of new, key products, which are critical for revenue generation.
3. Forecasts Lowered: These operational hurdles have caused the expected sales and revenue figures to fall below projections, ultimately misrepresenting the situation to shareholders.

Who Should File a Claim?

If you acquired shares of Xerox during the designated period and have suffered financial losses, you are encouraged to register your interest in the class action. Being recognized as a lead plaintiff is not a requirement for participation, meaning that any impacted shareholder can take steps to possibly recover losses.

Key Dates to Remember

It’s vital for affected shareholders to act promptly. The deadline for registering your interest in the class action is January 21, 2025. The process is straightforward, and registration allows for ongoing updates via a specially monitored portfolio software throughout the life of the case.

Next Steps

To get involved, it's recommended that you visit the Gross Law Firm's website to register your information securely. There is no cost or obligation associated with joining this class action, so it is a risk-free opportunity for those entitled to recovery.

Contact Information

If you have further inquiries or need assistance, you can contact:

• - The Gross Law Firm
• - Address: 15 West 38th Street, 12th Floor, New York, NY, 10018
• - Email: [email protected]
• - Phone: (646) 453-8903

The Gross Law Firm is committed to safeguarding the rights of investors against issues stemming from corporate malpractice. Their ongoing mission focuses on ensuring companies engage in transparent and ethical business practices for all stakeholders involved.

Don't hesitate; timely actions can make a significant difference in securing potential recoveries for losses incurred as a result of these misleading corporate statements regarding Xerox’s operational capabilities.