Telos Corp
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Information Technology : Software | Small Cap Growth
Company profile

Telos Corporation is a provider of cyber, cloud and enterprise security solutions. The Company operates through two segments: Security Solutions and Secure Networks. The Security Solutions segment focuses on cybersecurity, cloud and identity solutions through Xacta, Telos Ghost, Automated Message Handling System (AMHS) and Telos ID offerings. The Secure Networks segment provides secure networking architectures and solutions to its customers through secure mobility solutions and network management and defense services. The Secure Networks segment has its capabilities, which include network design, operations, and sustainment; system integration and engineering; network security and compliance; deployable comms; innovation and digital transformation; service desk; defensive cyber operations, and program management. Its customer base consists of the United States (U.S.) federal government, large commercial businesses, state and local governments, and international customers.

Postmarket

Last Trade
Delayed
$2.32
0.04 (1.75%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$2.28
Day's Change
-0.21 (-8.43%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
2.50
Day's Low
2.27
Volume
(Light)
Volume:
662,123

10-day average volume:
1,536,426
662,123

TUESDAY DEADLINE REMINDER: The Schall Law Firm Encourages Investors in Unisys Corporation with Losses of $100,000 to Contact the Firm

8:14 am ET January 5, 2023 (Newsfile) Print

Los Angeles, California--(Newsfile Corp. - January 5, 2023) - The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Unisys Corporation ("Unisys" or "the Company") (NYSE: UIS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between August 3, 2022 and November 7, 2022, inclusive (the ''Class Period''), are encouraged to contact the firm before January 10, 2023.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Unisys materially overstated its financial guidance for 2022. Once the truth about the Company was revealed, it would be forced to revise its financial guidance downwards. The Company suffered from material weaknesses in its internal controls on financial reporting. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Unisys, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

The Schall Law Firm

Brian Schall, Esq.,

www.schallfirm.com

Office: 310-301-3335

info@schallfirm.com

SOURCE:

The Schall Law Firm

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/150361

comtex tracking

COMTEX_422186298/2523/2023-01-05T08:14:24

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