CONDUENT SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in Class
Action Lawsuit Against Conduent, Inc. - CNDT
ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 7,
2019 to file lead plaintiff applications in a securities class action lawsuit against Conduent, Inc. (NYSE: CNDT), if
they purchased the Company’s shares between February 21, 2018 and November 6, 2018 (the “Class Period”). This action is pending in
the United States District Court for the District of New Jersey.
Get Help
Conduent investors should visit us at
https://www.claimsfiler.com/cases/view-conduent-inc-securities-litigation or call toll-free (844) 367-9658. Lawyers at Kahn
Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Conduent and certain of its executives are charged with failing to disclose material information during the Class Period,
violating federal securities laws.
On November 7, 2018, the Company disclosed negative Q3 and Q4 projected operating results due to “continued suboptimal
performance from an inherited legacy technology vendor…stem[ming] from the vendor’s inability to deliver on service level
agreements, lack of responsiveness to Conduent’s needs, and poorly structured contract which we inherited.” Further, an “outdated
and historically under-invested legacy IT infrastructure has caused major disruptions to our operations and impacted clients and
delivery performance.”
On this news, the price of Conduent’s shares plummeted.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of
dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to
information and settlement websites for various securities class action cases so they can timely submit their own claims; (2)
upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial
interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit
www.claimsfiler.com.
ClaimsFiler
Lewis Kahn, 844-367-9658
https://www.claimsfiler.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20190412005495/en/