Investors' Lawsuit Against Xerox Dismissed, Case Closed

Court: S.D. New York

Case: 1:24-cv-08809

The lawsuit filed by investors against Xerox Holdings Corporation has been dismissed, officially closing the case.

What is this lawsuit about?

On April 23, 2024, Xerox reported a 12.4% year-over-year revenue decline, citing “geographic simplification” and acknowledging disruptions to sales operations.

Following this, XRX dropped over 10%.

On November 22, 2024, shareholders brought a claim against Xerox, which is now dismissed.

What else could you be missing out on?

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.