Sign In
Step 1
Unite with Fellow Investors
Step 2
Choose the Best Attorney
Step 3
Provide Documents
Step 4
Follow Case Progress
Step 5
Get Payout
UIS.US
id: 454
On November 8, 2022, Unisys (UIS) announced financial results for the Q3 2022 and disclosed an “internal investigation regarding certain disclosure controls and procedures matters, including, but not limited to, the dissemination and communication of information within certain parts of the organization.”

Additionally, the Company reported that it “expects that it may determine that there are one or more material weaknesses in its internal control over financial reporting, which may result in a conclusion that the Company’s disclosure controls and procedures and internal control over financial reporting are not effective.”

On this news, Unisys stock plunged over 48%, seriously damaging investors.

Investors have all reasons to suspect that the Company and its Leaders breached fiduciary duties to its shareholders.
Case Status
Attorney Investigation
Alleged Offence
Mismanagement
Misleading Statements
Financial Misrepresentation
Fraud
Failure to Disclose
Malpractice
Negligence
Breach of Fiduciary duty
Omissions
Suspected Party
Directors
Management
Investment Bank
Service Provider
Security Type
Stocks
Trade Direction
Long
Shock Event Date
07 November 2022
Collecting participants…

Unisys Corporation

Unisys Corporation, together with its subsidiaries, operates as an information technology solutions company in the United States and internationally. It operates in three segments: Digital Workplac...

    Ticker
    UIS.US
    ISIN
    US9092143067
    CIK
    746838
    Sector
    Technology
    Industry
    Information Technology Services
    Country
    USA
    Address
    801 Lakeview Drive, Blue Bell, PA, United States, 19422