UIS Investors Have Opportunity to Lead Unisys Corporation Securities Fraud Lawsuit

11:00 am ET January 5, 2023 (PR Newswire) Print

Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Unisys Corporation ("Unisys" or the "Company") (NYSE: UIS).

https://mma.prnewswire.com/media/1219482/Glancy_Prongay_and_Murray_LLP.jpg

Class Period: August 3, 2022 - November 7,2022Lead Plaintiff Deadline: January 10, 2023

If you wish to serve as lead plaintiff of the Unisys lawsuit, you can submit your contact information at https://www.glancylaw.com/cases/unisys-corporation/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.

The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investorsthat: (1) the Company's 2022 financial guidance was significantly overstated; (2) accordingly, once the truth was revealed, it was likely that the Company would be required to negatively revise its 2022 financial guidance; (3) in addition to the foregoing, material weaknesses existed in the Company's internal control over financial reporting; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish tolearn moreabout this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

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

https://c212.net/c/img/favicon.png?sn=LA78298&sd=2023-01-05

View original content to download multimedia:https://www.prnewswire.com/news-releases/uis-investors-have-opportunity-to-lead-unisys-corporation-securities-fraud-lawsuit-301713912.html

SOURCE Glancy Prongay & Murray LLP

https://rt.newswire.ca/rt.gif?NewsItemId=LA78298&Transmission_Id=202301051100PR_NEWS_USPR_____LA78298&DateId=20230105

COMTEX_422190293/1005/2023-01-05T11:00:12