An investigation on behalf of current long term investors in Unisys Corporation (NYSE:UIS) shares over possible breaches of fiduciary duty by certain officers and directors was announced.
San Diego, CA -- (SBWIRE) -- 01/19/2023 -- Certain directors of Unisys Corporation are under investigation concerning potential breaches of fiduciary duties.
Investors who are current long term investors in Unisys Corporation (NYSE: UIS) shares, have certain options and should contact the Shareholders Foundation at firstname.lastname@example.org or call +1(858) 779 - 1554.
The investigation by a law firm for investors in NYSE: UIS stocks follows a lawsuit filed against Unisys Corporation over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: UIS stocks, concerns whether certain Unisys directors are liable in connection with the allegations made in that lawsuit.
The plaintiff alleges that, the Defendants made false and/or misleading statements and/or failed to disclose that the Company's 2022 financial guidance was significantly overstated, that accordingly, once the truth was revealed, it was likely that the Company would be required to negatively revise its 2022 financial guidance, that in addition to the foregoing, material weaknesses existed in the Company's internal control over financial reporting, and that as a result of all of the foregoing, the Company's public statements were materially false and misleading at all relevant times.
Those who purchased shares of Unisys Corporation (NYSE: UIS) have certain options and should contact the Shareholders Foundation.
Shareholders Foundation, Inc.
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About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.