#United States #New York #Class Action #Xerox Holdings #Securities Fraud

Class Action Notice for Xerox Holdings Corporation Investors

Levi & Korsinsky, LLP has recently issued a notice to investors of Xerox Holdings Corporation (NASDAQ: XRX) regarding an important class action lawsuit. This legal action is focused on recovering losses sustained by investors due to alleged securities fraud between January 25, 2024, and October 28, 2024.

What Is the Lawsuit About?

The lawsuit entails claims against Xerox Holdings Corporation for misleading practices that potentially harmed many investors. The complaint suggests that the company made false statements and concealed critical operational issues after implementing significant workforce reductions. Here are some of the primary allegations:

1. Salesforce Disruption: After reorganizing their salesforce, the productivity of Xerox's team suffered, affecting overall sales performance.
2. Poor Sell-Through Rates: The company reportedly faced challenges in selling older products, which impeded revenue generation.
3. Delayed Product Launches: These operational hindrances were further linked to delays in launching essential products that could help boost revenue.
4. Misleading Statements: Defendants' statements about the company’s prospects and business operations were found to be materially misleading or lacking a reasonable basis due to these hidden challenges.

If you have experienced financial losses as a shareholder of Xerox Holdings during the specified timeframe, it is crucial to consider your legal options. The deadline to request appointment as lead plaintiff in this case is January 21, 2025. Participation in any recovery process does not require lead plaintiff designation.

How to Participate?

Interested shareholders can submit their details through Levi & Korsinsky's website. Furthermore, they can also directly reach out to Joseph E. Levi, Esq. via email or phone. Here’s the contact information:
- Email: [email protected]
- Phone: (212) 363-7500

No Financial Burden to Participants

Levi & Korsinsky emphasizes that there will be no out-of-pocket costs for investors involved in the class action. This means that affected shareholders may have an opportunity for compensation without any financial obligations. This approach aims to make the process accessible to as many affected investors as possible.

Why Choose Levi & Korsinsky?

The firm comes with a proven track record, having recovered hundreds of millions of dollars for aggrieved shareholders over the past two decades. Rated among the top securities litigation firms in the United States, Levi & Korsinsky is equipped with a team of over 70 dedicated professionals committed to their clients. Their expertise in complex securities litigation sets them apart as reliable advocates for investors looking to reclaim their losses.

Conclusion

If you are an investor in Xerox Holdings Corporation and have incurred losses during the relevant period, now is the time to explore your legal options. You can directly contact Levi & Korsinsky to discuss your potential claim and get the support you need to pursue this case. Remember, the deadline for taking action is January 21, 2025, so don’t delay in reaching out for assistance with your claim against Xerox Holdings Corporation.

For more detailed information, visit the Levi & Korsinsky class action page or contact them directly.