Finance

Rosen Law Firm Reminds Teradata Corporation Investors of Important Securities Class Action Deadline

Published July 11, 2024

NEW YORK, July 10, 2024 (GLOBE NEWSWIRE) - Rosen Law Firm, recognized internationally for its commitment to investor rights, is issuing a reminder to all those who have acquired Teradata Corporation TDC securities during the period from February 13, 2023, to February 12, 2024, inclusive. The firm emphasizes the significance of the forthcoming deadline of August 13, 2024, for affected parties to seek appointed counsel in the pending securities class action lawsuit against Teradata Corporation.

Overview of Teradata Corporation

Teradata Corporation, headquartered in San Diego, California, specializes in hybrid cloud analytics software. The company's offerings enable businesses to utilize data analytics on an enterprise scale, integrating data from multiple sources for improved business insights.

Details of the Class Action

The class action alleges that Teradata Corporation and certain of its executives were involved in activities that did not comply with applicable laws and regulations governing financial reporting and public disclosures. Investors who have incurred losses from their investments in TDC shares during the stated class period may be eligible to participate in the lawsuit. The action seeks to recover damages on behalf of the class under federal securities laws.

Participation in the Class Action

Investors who have purchased TDC securities within the specified class period and have been adversely impacted by the performance of the company's stock are encouraged to join the lawsuit before the deadline. Rosen Law Firm is geared up to help shareholders understand their rights and the legal remedies available to them. Those interested in more information regarding the class action and the upcoming deadline are advised to secure legal counsel presently.

Reminder, Investors, Deadline