Investigation of Unisys Corporation Securities Class Action
Rosen Law Firm, a leading global investor rights law firm, is presently investigating potential securities claims for shareholders of Unisys Corporation (NYSE: UIS). This initiative arises from serious allegations suggesting that the company may have disseminated materially misleading business information, impacting investors' decisions.
What This Means for Investors
If you are among those who purchased Unisys securities, you might qualify for compensation without incurring any out-of-pocket expenses, thanks to the firm’s contingency fee arrangement. The Rosen Law Firm is actively preparing a class action that seeks to recover significant investor losses. Their commitment is to ensure that investors have access to justice and potential financial recovery.
Recent Developments and Stock Impact
On October 22, the Securities and Exchange Commission (SEC) made dramatic announcements concerning Unisys. The SEC charged four companies, including Unisys, for making materially misleading disclosures related to cybersecurity risks and breaches. Furthermore, charges were brought against Unisys for violations of disclosure controls and procedures. This concerning news precipitated an 8.6% drop in Unisys’s stock on the same day.
Choosing the Right Legal Counsel
When selecting legal representation, it's vital for investors to choose qualified counsel that possesses a proven track record in securities class actions. Rosen Law Firm encourages investors to be discerning, as many firms do not possess the necessary experience or recognition in litigating such cases. The firm is distinguished by its focus on investor representation globally, having achieved the largest settlement in a securities class action against a Chinese company at that time.
About Rosen Law Firm
With numerous accolades, Rosen Law Firm was ranked No. 1 by ISS Securities Class Action Services for the highest number of settlements reached in the year 2017. They have consistently ranked in the top positions since 2013 and have successfully recovered hundreds of millions of dollars for defrauded investors. In the year 2019 alone, they secured over $438 million for clients. Furthermore, Laurence Rosen, the founding partner, was recognized as a Titan of the Plaintiffs' Bar, showcasing the firm’s exceptional reputation in the legal arena.
Staying Updated
For ongoing updates, investors are encouraged to follow Rosen Law Firm on LinkedIn, Twitter, and Facebook, where the firm shares valuable information related to its ongoing endeavors in protecting investor rights.
Contact Information
Investors seeking more information can reach out to the firm directly:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
Email: [email protected]
Website: www.rosenlegal.com
Frequently Asked Questions
What is the focus of Rosen Law Firm's investigation?
The firm is investigating potential securities claims for shareholders of Unisys Corporation regarding misleading business information.
Can I join the class action without upfront costs?
Yes, through a contingency fee arrangement, qualifying investors can join the class action without any out-of-pocket fees.
What led to the SEC's charges against Unisys?
The SEC charged Unisys for making materially misleading disclosures about its cybersecurity risks and failing to uphold proper disclosure controls.
What should investors consider when choosing a law firm?
Investors should select a firm with a proven track record and substantial experience in securities class actions to ensure effective representation.
How can I stay updated on this issue?
Follow the Rosen Law Firm on social media platforms like LinkedIn, Twitter, and Facebook for the latest updates and information.
