The Klein Law Firm announces that a complaint has been filed on behalf of shareholders of Conduent Incorporated (NYSE: CNDT) who purchased common shares between February 21, 2018 and November 6, 2018.
The complaint alleges that by February 2018, defendants began to represent to investors that Conduent had exited the transformation phase and had cured inefficiencies caused by operating on multiple information resource platforms. However, as demonstrated by defendants’ admissions on November 7, 2018, those representations were false, and Conduent remained mired in inadequate technology and third-party agreements that it had been saddled with upon its divestiture from Xerox.
If you suffered a loss in Conduent you have until May 7, 2019 to request that the court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require you serve as a lead plaintiff.
To learn more and keep informed, complete this form >