Teradata Corporation
The Schall Law Firm has announced a class action lawsuit against Teradata (NYSE:TDC) for alleged violations of securities laws. The lawsuit covers investors who purchased Teradata securities between February 13, 2023, and February 12, 2024. The firm claims that Teradata made false and misleading statements about its expanded business model and ability to close customer deals timely. Investors are encouraged to contact the firm before August 13, 2024, to discuss their rights. The class has not yet been certified, and affected shareholders can choose to participate or remain absent class members. The Schall Law Firm specializes in securities class action lawsuits and shareholder rights litigation.
Lo Studio Legale Schall ha annunciato una causa collettiva contro Teradata (NYSE:TDC) per presunti violazioni delle leggi sui titoli. La causa riguarda gli investitori che hanno acquistato titoli Teradata tra il 13 febbraio 2023 e il 12 febbraio 2024. Lo studio afferma che Teradata ha fatto dichiarazioni false e ingannevoli riguardanti il suo modello di business ampliato e la sua capacità di chiudere accordi con i clienti in tempo. Gli investitori sono incoraggiati a contattare lo studio prima del 13 agosto 2024 per discutere dei loro diritti. La classe non è ancora stata certificata e gli azionisti interessati possono scegliere di partecipare o rimanere membri assenti della classe. Lo Studio Legale Schall è specializzato in cause collettive sui titoli e in contenzioso sui diritti degli azionisti.
El Bufete de Abogados Schall ha anunciado una demanda colectiva contra Teradata (NYSE:TDC) por supuestas violaciones de las leyes de valores. La demanda abarca a los inversionistas que adquirieron valores de Teradata entre el 13 de febrero de 2023 y el 12 de febrero de 2024. La firma afirma que Teradata hizo declaraciones falsas y engañosas sobre su modelo de negocio ampliado y su capacidad para cerrar acuerdos con clientes de manera oportuna. Se alienta a los inversionistas a ponerse en contacto con la firma antes del 13 de agosto de 2024 para discutir sus derechos. La clase aún no ha sido certificada, y los accionistas afectados pueden optar por participar o permanecer como miembros ausentes de la clase. El Bufete de Abogados Schall se especializa en demandas colectivas de valores y litigios sobre derechos de accionistas.
샬 로펌이 테라데이타 (NYSE:TDC)를 상대로 증권법 위반 혐의로 집단 소송을 제기했다고 발표했습니다. 이 소송은 2023년 2월 13일부터 2024년 2월 12일 사이에 테라데이타 증권을 구매한 투자자를 대상으로 합니다. 이 로펌은 테라데이타가 그들의 확대된 비즈니스 모델과 고객 거래를 적시에 체결하는 능력에 대해 허위 및 오해의 소지가 있는 진술을 했다고 주장하고 있습니다. 투자자들은 2024년 8월 13일 전에 이 로펌에 연락하여 자신의 권리에 대해 논의할 것을 권장받고 있습니다. 클래스는 아직 인증되지 않았으며, 영향을 받은 주주들은 참여하거나 결석한 클래스 회원으로 남기를 선택할 수 있습니다. 샬 로펌은 증권 집단 소송 및 주주 권리 소송을 전문으로 합니다.
Le cabinet d'avocats Schall a annoncé une action en justice collective contre Teradata (NYSE:TDC) pour des violations présumées des lois sur les valeurs mobilières. La plainte concerne les investisseurs ayant acheté des titres de Teradata entre le 13 février 2023 et le 12 février 2024. Le cabinet affirme que Teradata a fait des déclarations fausses et trompeuses concernant son modèle commercial élargi et sa capacité à conclure des affaires avec les clients en temps voulu. Les investisseurs sont encouragés à contacter le cabinet avant le 13 août 2024 pour discuter de leurs droits. La classe n'a pas encore été certifiée et les actionnaires concernés peuvent choisir de participer ou de rester membres absents de la classe. Le cabinet Schall se spécialise dans les actions collectives en matière de valeurs mobilières et les litiges concernant les droits des actionnaires.
Die Schall Law Firm hat eine Klage im Rahmen einer Sammelklage gegen Teradata (NYSE:TDC) wegen angeblicher Verstöße gegen die Wertpapiergesetze angekündigt. Die Klage betrifft Investoren, die zwischen dem 13. Februar 2023 und dem 12. Februar 2024 Teradata-Wertpapiere gekauft haben. Die Kanzlei behauptet, dass Teradata falsche und irreführende Aussagen über ihr erweitertes Geschäftsmodell und die Fähigkeit, Kundenverträge rechtzeitig abzuschließen, gemacht hat. Investoren werden ermutigt, die Kanzlei vor dem 13. August 2024 zu kontaktieren, um ihre Rechte zu besprechen. Die Klasse wurde noch nicht zertifiziert, und betroffene Aktionäre können entscheiden, ob sie teilnehmen oder als nicht teilnehmende Klassenmitglieder bleiben möchten. Die Schall Law Firm ist auf Sammelklagen im Wertpapierbereich und auf Klagen über Aktionärsrechte spezialisiert.
- None.
- Class action lawsuit filed against Teradata for alleged securities law violations
- Accusations of false and misleading statements about the company's business model and deal closure abilities
- Potential financial damages for investors who purchased TDC stock during the specified period
Insights
This class action lawsuit against Teradata is a significant development for investors. The allegations of false and misleading statements regarding the company's business model and ability to close deals are serious concerns. If proven, these claims could have substantial financial implications for Teradata.
Investors should be aware that class action lawsuits can be lengthy processes with uncertain outcomes. However, they provide a mechanism for potentially recovering losses if the allegations are substantiated. The August 13, 2024 deadline for joining the case is important for affected shareholders to consider.
It's important to note that the class has not yet been certified, which is a key step in the legal process. Potential claimants should carefully evaluate their position and consider seeking independent legal advice to understand their rights and options.
The allegations against Teradata raise serious questions about the company's financial reporting and business practices. If true, the extended time to finalize customer transactions could significantly impact revenue recognition and cash flow projections.
Investors should scrutinize Teradata's financial statements, particularly focusing on revenue growth rates, accounts receivable turnover and any changes in revenue recognition policies. The potential overstatement of deal closure capabilities might have led to inflated expectations and misguided investor decisions.
This lawsuit could lead to increased volatility in Teradata's stock price and potential reputational damage. Long-term investors should reassess their positions, considering both the litigation risk and the underlying business fundamentals. Short-term traders might see increased opportunities due to heightened market reactions to news related to this case.
LOS ANGELES, CA / ACCESSWIRE / August 15, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Teradata Corporation ("Teradata" or "the Company") (NYSE:TDC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February 13, 2023 and February 12, 2024, inclusive (the "Class Period"), are encouraged to contact the firm before August 13, 2024.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Teradata's expanded business model caused customer transactions longer to finalize. The Company overstated its ability to close customer deals in a timely manner. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Teradata, investors suffered damages.
Join the case to recover your losses.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com
Office: 310-301-3335
info@schallfirm.com
SOURCE: The Schall Law Firm
View the original press release on accesswire.com
FAQ
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