Lead Plaintiff Deadline is Approaching - Act Now

Xerox Holdings Corporation® Shareholder Class Action

Wilson v. Xerox Holdings Corporation et al.

Xerox Holdings Corporation®

NASDAQ: XRX

Class Period : 01/25/2024 - 10/28/2024

Lead Plaintiff Motion Deadline: 1/21/2025

This class action lawsuit against Xerox Holdings Corporation alleges the company misled shareholders with false or incomplete information about its business operations. During the class period, Xerox faced disruptions in its salesforce and challenges in selling older products, delaying new product launches. As a result, the company's revenues and stock value dropped significantly, leaving shareholders at a loss. If you purchased Xerox stock during this period, you may be eligible to join this class action and seek compensation for your financial losses.  

Alleged Misstatements and Omissions  

The lawsuit claims Xerox failed to disclose critical issues affecting its business, including:  

  • Workforce reductions that led to a disorganized salesforce and disrupted productivity.  
  • Difficulty selling older inventory, delaying the introduction of new products.  
  • Lower sales and revenue resulted from these operational challenges.  
  • Misleadingly optimistic statements about the company's performance and prospects.  

These omissions created a false impression of stability, causing shareholders to invest based on incomplete information.  

Effects on Stock Prices  

The alleged misconduct had a dramatic impact on Xerox's stock value.  

  • April 2024: Xerox reported a 12.4% year-over-year revenue decline, with equipment sales dropping 25.8%. Following this news, its stock price fell 10.11% to $14.76 per share.  
  • October 2024: Additional disclosures revealed delayed product launches and continued sales disruptions, leading to a 7.5% revenue decline and a 17.41% drop in stock price to $8.49 per share.  

These sharp losses significantly harmed shareholders who relied on Xerox’s public statements when making investment decisions.  

Legal Rights for Affected Shareholders  

If you purchased Xerox shares during the class period and suffered financial losses, you can join this class action lawsuit. Filing a claim could help you recover compensation for damages caused by misleading statements and operational mismanagement.  

Joining a class action lawsuit provides:  

  1. An opportunity to hold Xerox accountable.  
  2. Potential recovery of your financial losses.  
  3. A way to strengthen shareholder rights for future cases.  

Act quickly, as deadlines to participate are strict.  

Take Action Today  

Protecting your financial future starts with understanding your rights. You may be eligible to join this lawsuit if you purchased Xerox stock during the class period. Participating can help ensure companies like Xerox are held accountable for their actions.  

Gather your investment records and contact an experienced class action attorney to discuss your options. Time is limited, so don't delay in seeking legal advice.

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DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we protect investors harmed by corporate misconduct. Our experienced attorneys have a proven record of recovering compensation for affected shareholders. We will carefully evaluate your case, explain your legal options, and guide you every step of the way. 

By requesting a free, private case evaluation, you can take the first step toward recovering your financial losses and holding Xerox accountable. Contact us today to discuss your case and learn how we can help.  

Time is limited—act now to protect your rights. 

All victims affected by Xerox Holdings Corporation® alleged deceptive practices and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

Find Out if You may be a Member
of the Class

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Xerox Holdings Corporation® Shareholder Class Action

Wilson v. Xerox Holdings Corporation et al.

Xerox Holdings Corporation®

NASDAQ: XRX

Class Period : 01/25/2024 - 10/28/2024

Lead Plaintiff Motion Deadline: 1/21/2025

This class action lawsuit against Xerox Holdings Corporation alleges the company misled shareholders with false or incomplete information about its business operations. During the class period, Xerox faced disruptions in its salesforce and challenges in selling older products, delaying new product launches. As a result, the company's revenues and stock value dropped significantly, leaving shareholders at a loss. If you purchased Xerox stock during this period, you may be eligible to join this class action and seek compensation for your financial losses.  

Alleged Misstatements and Omissions  

The lawsuit claims Xerox failed to disclose critical issues affecting its business, including:  

  • Workforce reductions that led to a disorganized salesforce and disrupted productivity.  
  • Difficulty selling older inventory, delaying the introduction of new products.  
  • Lower sales and revenue resulted from these operational challenges.  
  • Misleadingly optimistic statements about the company's performance and prospects.  

These omissions created a false impression of stability, causing shareholders to invest based on incomplete information.  

Effects on Stock Prices  

The alleged misconduct had a dramatic impact on Xerox's stock value.  

  • April 2024: Xerox reported a 12.4% year-over-year revenue decline, with equipment sales dropping 25.8%. Following this news, its stock price fell 10.11% to $14.76 per share.  
  • October 2024: Additional disclosures revealed delayed product launches and continued sales disruptions, leading to a 7.5% revenue decline and a 17.41% drop in stock price to $8.49 per share.  

These sharp losses significantly harmed shareholders who relied on Xerox’s public statements when making investment decisions.  

Legal Rights for Affected Shareholders  

If you purchased Xerox shares during the class period and suffered financial losses, you can join this class action lawsuit. Filing a claim could help you recover compensation for damages caused by misleading statements and operational mismanagement.  

Joining a class action lawsuit provides:  

  1. An opportunity to hold Xerox accountable.  
  2. Potential recovery of your financial losses.  
  3. A way to strengthen shareholder rights for future cases.  

Act quickly, as deadlines to participate are strict.  

Take Action Today  

Protecting your financial future starts with understanding your rights. You may be eligible to join this lawsuit if you purchased Xerox stock during the class period. Participating can help ensure companies like Xerox are held accountable for their actions.  

Gather your investment records and contact an experienced class action attorney to discuss your options. Time is limited, so don't delay in seeking legal advice.

slide-2

DiCello Levitt Fights to Protect Shareholder Rights  

At DiCello Levitt, we protect investors harmed by corporate misconduct. Our experienced attorneys have a proven record of recovering compensation for affected shareholders. We will carefully evaluate your case, explain your legal options, and guide you every step of the way. 

By requesting a free, private case evaluation, you can take the first step toward recovering your financial losses and holding Xerox accountable. Contact us today to discuss your case and learn how we can help.  

Time is limited—act now to protect your rights. 

All victims affected by Xerox Holdings Corporation® alleged deceptive practices and failure to meet basic compliance standards should receive justice and potential compensation, beginning with a free, private case review with our experienced legal team.

The Importance of Joining a Class Action

Class action lawsuits can provide an efficient mechanism to compensate injured victims, hold wrongdoers accountable, or affect how a company or an industry operates.  Class actions allow injured parties to come together and take on larger adversaries.  By leveraging the power of a group class members the class can match the resources of a corporate defendant and put the parties on equal footing.

If you have been adversely affected by corporate misconduct, you may join DiCello Levitt’s class action lawsuit and help hold the wrongdoers responsible for their alleged misconduct, potentially recover your financial losses, and contribute to enforcing higher ethical, governance, and compliance standards.  Your participation can make a difference.

To learn more about how to join the lawsuit and your potential eligibility, please contact DiCello Levitt.  DiCello Levitt is committed to representing the interests of all affected parties and pursuing justice in this significant case.

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