#United States #New York #Rosen Law Firm #Securities Class Action #Unisys Corporation

Rosen Law Firm's Investigation into Unisys Corporation

The Rosen Law Firm has recently announced its initiative to investigate potential securities claims on behalf of investors of Unisys Corporation (NYSE: UIS). Following allegations that the company issued materially misleading information to the public, shareholders may find themselves eligible for compensation through a class action.

Context of the Investigation

On October 22, 2024, the U.S. Securities and Exchange Commission (SEC) took action against Unisys and three other companies, citing violations related to misleading disclosures about cybersecurity risks and intrusions. This news had an immediate impact, causing Unisys's stock price to drop by 8.6% on the same day. The nature of the allegations centers around claims that Unisys did not provide adequate transparency regarding the cybersecurity challenges it faced, which could have significantly affected investor decisions.

How to Get Involved

Investors who acquired Unisys securities are encouraged to assess their potential claims for recovery of losses. The Rosen Law Firm emphasizes that those interested in joining the class action do not need to pay any out-of-pocket expenses, as they operate on a contingency fee basis. Interested parties can access more information and submit claims through their website or by contacting attorney Phillip Kim directly.

The Importance of Expert Representation

The Rosen Law Firm has established a strong reputation in handling securities class actions effectively. It has a history of securing significant settlements for investors, including notable achievements such as the largest securities class action settlement against a Chinese company at that time. Recognized by ISS Securities Class Action Services, Rosen Law Firm has consistently championed investor rights, ranking among the top law firms for securities settlements.

Transparency and Accountability

The law firm highlights the necessity for investors to select qualified legal representatives to truly advocate for their interests. Many firms that send out notices regarding potential class action suits do not possess the experience or resources required to litigate securities cases effectively. The Rosen Law Firm, focusing on securities class actions and shareholder derivative litigation, assures potential clients of its commitment and capability in this arena.

Conclusion

With the landscape of corporate responsibility becoming increasingly scrutinized, the Rosen Law Firm stands as a resource for investors who feel misled. By investigating the allegations against Unisys Corporation, they aim not only to seek financial restitution for affected investors but also to promote higher standards of accountability in corporate communications. For ongoing updates, individuals can follow the Rosen Law Firm on various social media platforms, ensuring they stay informed throughout the proceedings surrounding this significant issue.