Credit: Who is Danny/Adobe Stock. Securities Class Action Filed Against Unisys Corp.
This suit was surfaced by Law.com Radar. Read the complaint here.
November 14, 2022 at 03:26 PM
1 minute read
Securities Litigation
Unisys Corporation and its top officials were hit with a securities class action Friday in Pennsylvania Eastern District Court. The complaint, filed by Pomerantz LLP and the Rosen Law Firm, contends that the defendants failed to disclose that the company's 2022 financial guidance was significantly overstated. The lawsuit further contends that the internal control over financial reporting had material weakness. Counsel have not yet appeared for the defendants. The case is 2:22-cv-04529, Strougo v. Unisys Corporation et al.
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