Rosen Law Firm Calls on Unisys Corporation Investors for Class Action Inquiry

Rosen Law Firm's Inquiry into Unisys Corporation Surveillance

The Rosen Law Firm has officially initiated an investigation concerning potential securities claims for shareholders of Unisys Corporation (NYSE: UIS). This comes on the heels of serious allegations that Unisys has possibly disseminated materially misleading statements regarding its business operations, potentially misinforming the investing public.

What You Need to Know

If you are an investor who has purchased securities from Unisys, you could be eligible for compensation without upfront payments through a contingency fee structure. Following this announcement, Rosen Law Firm is actively preparing a class action to facilitate the recovery of losses incurred by investors.

To learn more about participating in this prospective class action, you can reach out through their website, or for immediate inquiries, contact Phillip Kim, Esq. at 866-767-3653 or via email at pk@rosenlegal.com.

The Core Issues

The backdrop to these developments includes a significant charge issued by the Securities and Exchange Commission (SEC) on October 22, 2024. In its announcement, the SEC listed Unisys among four firms accused of making materially misleading disclosures pertaining to cybersecurity threats and breaches. Furthermore, the agency highlighted that Unisys had failed to uphold its disclosure controls and procedures.

In response to this shocking news, shares of Unisys plummeted by 8.6% on the same day that the allegations were unveiled, marking a critical juncture for shareholders concerned about their investments.

The Rosen Law Firm's Credentials

The Rosen Law Firm emphasizes the importance of selecting a knowledgeable and experienced legal counsel when it comes to matters of securities class actions. With a notable history of successful leadership in related litigations, they underscore the necessity of having a firm that is not only prominent but also has a proven track record in achieving settlements.

Rosen Law Firm has made its mark in the legal community, being responsible for the largest securities class action settlement against a Chinese company at that time. Moreover, they were recognized as No. 1 by ISS Securities Class Action Services for the volume of securities class action settlements in 2017. Since 2013, they have consistently ranked within the top four law firms in this field, recovering hundreds of millions of dollars for investors. In 2019 alone, the firm secured over $438 million in recoveries for its clients.

The firm’s founding partner, Laurence Rosen, was acknowledged as a Titan of Plaintiffs' Bar by Law360 in 2020, showcasing the firm's exemplary advocacy for investor rights. Furthermore, many attorneys within the firm have attained accolades via Lawdragon and Super Lawyers, enhancing their credibility in the legal landscape.

Follow Their Updates

The Rosen Law Firm welcomes shareholders to stay informed by following their updates on LinkedIn, Twitter, and Facebook. Further details on their investigations and actions regarding Unisys will be available through these channels:

Conclusion

It is critical for Unisys' shareholders to stay vigilant and informed during this turbulent time. The Rosen Law Firm is committed to ensuring that investors have the necessary resources to navigate potential class actions effectively and recover losses resulting from misleading corporate disclosures. Attorney advertising is noted within their communications, and prior results do not guarantee a similar outcome in ongoing or future cases.