Xerox to be investigated on behalf of investors
November 7, 2024
The Law Offices of Frank R. Cruz announced an Investigation of Xerox Holdings Corporation (XRX) on behalf of investors.
The Law Offices of Frank R. Cruz announced an investigation of Xerox Holdings Corporation on behalf of investors concerning the Company’s possible violations of federal securities laws.
On 29 October 2024, Xerox released its third quarter 2024 financial results, missing consensus estimates and lowering guidance, citing “the delayed global launch of two new products and lower-than-expected improvements in sales force productivity” and “to a lesser extent, delays in the implementation of certain cost reduction initiatives to 2025.”
On this news, Xerox’s stock price fell $1.79 (€1.66), or 17.4%, to close at $8.49 (€7.89) per share on 29 October 2024, thereby injuring investors.
If you purchased Xerox securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz.
You can send an email to info@frankcruzlaw.com, or visit the company’s website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
Categories : Around the Industry
Tags : Investigation Investors Legal Share Price Xerox
