{"id":713621,"date":"2022-11-18T22:03:07","date_gmt":"2022-11-19T03:03:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-unisys-corporation-uis\/"},"modified":"2022-11-18T22:03:07","modified_gmt":"2022-11-19T03:03:07","slug":"gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-unisys-corporation-uis","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-unisys-corporation-uis\/","title":{"rendered":"Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Unisys Corporation (UIS)"},"content":{"rendered":"
\n

NEW YORK, Nov. 18, 2022 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased Unisys Corporation securities (\u201cUnisys\u201d or \u201cCompany\u201d) (NYSE: UIS) between August 3, 2022 and November 7, 2022, both dates inclusive (the \u201cClass Period\u201d).<\/p>\n

According to the Complaint, defendants made false and\/or misleading statements and\/or failed to disclose that: the Company\u2019s 2022 financial guidance was significantly overstated; accordingly, once the truth was revealed, it was likely that the Company would be required to negatively revise its 2022 financial guidance; in addition to the foregoing, material weaknesses existed in the Company\u2019s internal control over financial reporting; and as a result of all of the foregoing, the Company\u2019s public statements were materially false and misleading at all relevant times.<\/p>\n

Investors who purchased or otherwise acquired shares of Unisys should contact the Firm prior to the January 10, 2023 <\/em><\/strong>lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at tjmckenna@gme-law.com<\/u><\/a> or gegleston@gme-law.com<\/u><\/a>.<\/p>\n

Please visit our website at http:\/\/www.gme-law.com<\/u><\/a> for more information about the firm.<\/p>\n<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

NEW YORK, Nov. 18, 2022 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased Unisys Corporation securities (\u201cUnisys\u201d or \u201cCompany\u201d) (NYSE: UIS) between August 3, 2022 and November 7, 2022, both dates inclusive (the \u201cClass Period\u201d). According to the Complaint, defendants made false and\/or misleading statements and\/or failed to disclose that: the Company\u2019s 2022 financial guidance was significantly overstated; accordingly, once the truth was revealed, it was likely that the Company would be required to negatively revise its 2022 financial guidance; in addition to the foregoing, material weaknesses existed in the … <\/p>\n

Continue reading “Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Unisys Corporation (UIS)”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-713621","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Unisys Corporation (UIS) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gainey-mckenna-egleston-announces-a-class-action-lawsuit-has-been-filed-against-unisys-corporation-uis\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gainey McKenna & Egleston Announces A Class Action Lawsuit Has Been Filed Against Unisys Corporation (UIS) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NEW YORK, Nov. 18, 2022 (GLOBE NEWSWIRE) — Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Eastern District of Pennsylvania on behalf of all persons or entities who purchased Unisys Corporation securities (\u201cUnisys\u201d or \u201cCompany\u201d) (NYSE: UIS) between August 3, 2022 and November 7, 2022, both dates inclusive (the \u201cClass Period\u201d). 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