#United States #New York #Securities Fraud #Rosen Law Firm #Unisys Corporation

Rosen Law Firm Investigates Unisys Corporation

The Rosen Law Firm, recognized globally for championing investor rights, has announced its ongoing investigation into Unisys Corporation, a prominent player in the technology sector. The inquiry stems from serious allegations that the corporation may have disseminated significantly misleading business information to the investing public. This potential securities fraud has raised concerns among shareholders, prompting the firm to take action on their behalf.

Background of the Investigation

The investigation was propelled into the spotlight following a critical announcement by the Securities and Exchange Commission (SEC) on October 22, 2024, which disclosed charges against Unisys alongside three other companies. The SEC alleged that these entities had made materially misleading disclosures relating to cybersecurity risks and incidents. Furthermore, Unisys faced accusations of failing to uphold proper disclosure controls and procedures, leading to a notable public outcry.

In light of these revelations, Unisys's stock plummeted by 8.6% on the announcement day, further raising alarms about investor exposure to potential financial losses.

Legal Paths for Affected Investors

As a result of these developments, the Rosen Law Firm encourages any individuals who purchased Unisys securities to engage with their legal team. Investors may have the opportunity to reclaim losses incurred from the alleged fraud, and the firm operates under a contingency fee basis, meaning there are no upfront costs to the clients. Interested parties can either visit the firm's website to join the prospective class action or directly contact attorney Phillip Kim for further information.

Expertise of Rosen Law Firm

Rosen Law Firm has a well-established track record in managing securities class actions and shareholder derivative litigation. Its notable achievements include being recognized for securing the largest-ever settlement against a Chinese company in a securities class action. Additionally, the firm was ranked first by ISS Securities Class Action Services in 2017 for the number of settlements in this domain. Over the years, Rosen Law Firm has effectively recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone.

Conclusion

This latest investigation highlights the critical role law firms play in safeguarding investor rights, especially in cases of potential corporate misconduct. Investors are encouraged to remain vigilant and informed about their legal rights concerning securities fraud claims and to seek counsel from qualified attorneys who specialize in securities litigation. The Rosen Law Firm continues to provide support to investors both nationally and internationally. For ongoing updates, interested individuals can follow the firm on LinkedIn, Twitter, and Facebook.

Overall, the unfolding situation with Unisys Corporation serves as a robust reminder of the importance of transparency and accountability within corporate governance.

• ---