INVESTOR ALERT: Law Offices of Howard G. Smith Announces Investigation of Unisys Corporation (UIS) on Behalf of Investors

BENSALEM, Pa.--(BUSINESS WIRE)--Nov 4, 2024--

Law Offices of Howard G. Smith announces an investigation on behalf of Unisys Corporation (“Unisys” or the “Company”) (NYSE: UIS ) investors concerning the Company’s possible violations of federal securities laws.

On October 22, 2024, the Securities and Exchange Commission announced that it had charged Unisys for “materially misleading statements . . . negligently made regarding cybersecurity risks and events, as well as Unisys’s violations of disclosure controls and procedures requirements,” and that the Company will pay a $4 million civil penalty.

On this news, Unisys’s stock price fell $1.17, or 17.1%, over two consecutive trading days, to close at $5.67 per share on October 23, 2024, thereby injuring investors.

If you purchased Unisys securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847 or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com:https://www.businesswire.com/news/home/20241104556522/en/

CONTACT: Law Offices of Howard G. Smith

Howard G. Smith, Esquire

215-638-4847

howardsmith@howardsmithlaw.com

www.howardsmithlaw.com

KEYWORD: PENNSYLVANIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Law Offices of Howard G. Smith

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