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2025-01-15
SAN DIEGO , Dec. 10, 2024 /PRNewswire/ -- Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Xerox Holdings Corporation (NASDAQ: XRX ) securities between January 25, 2024 and October 28, 2024 . Xerox and its subsidiaries offer workplace technology that integrates hardware, services, and software for enterprises in the Americas, and internationally. For more information, submit a form , email attorney Aaron Dumas, Jr. , or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegations that Xerox Holdings Corporation (XRX) Misled Investors Regarding its Business Prospects According to the complaint, during the class period, defendants failed to disclose to investors that: (1) after a large workforce reduction, the Company's salesforce was reorganized with new territory assignments and account coverage; (2) as a result, the Company's salesforce productivity was disrupted; (3) as a result, the Company had a lower rate of sell-through of older products; (4) the difficulties in flushing out older product would delay the launch of key products; and (5) therefore, Xerox was likely to experience lower sales and revenue. Plaintiff alleges that on October 29, 2024 , Xerox revealed "lower-than-expected improvements in sales force productivity" and "delays in the global launch of two new products" had led to "sales underperformance." The Company disclosed that for third quarter 2024, quarterly revenue was down 7.5% year-over-year to $1.53 billion , net loss fell to - $1.2 billion (down $1.3 billion year-over-year), and equipment sales declined 12.2% year over year to $339 million . In a corresponding earnings call, the Company's COO revealed the product delay was in fact a "forecasting issue" where the Company "had higher expectations that we were going to flush through the older product" which it needed to "sell through" in order to "make those transitions." On this news, the Company's share price fell $1.79 , or 17.41%, to close at $8.49 per share on October 29, 2024 . What Now : You may be eligible to participate in the class action against Xerox Holdings Corporation. Shareholders who want to serve as lead plaintiff for the class must submit their application to the court by January 21, 2025 . A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here . All representation is on a contingency fee basis. Shareholders pay no fees or expenses. About Robbins LLP : Some law firms issuing releases about this matter do not actually litigate securities class actions; Robbins LLP does. A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002. Since our inception, we have obtained over $1 billion for shareholders. To be notified if a class action against Xerox Holdings Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today. Attorney Advertising. Past results do not guarantee a similar outcome. SOURCE Robbins LLPjili777 free 150 no deposit philippines



Post Office scandal victims will wait until the end of 2024 for compensation scheme improvements or the matter will "move back to courts", Sky News understands. A newsletter sent by Sir Alan Bates to members of the Group Litigation Order (GLO) scheme states that "if nothing has greatly improved" on redress then a "specialist law firm" will be called in. The GLO scheme was set up for former sub-postmasters after they won their High Court battle against the Post Office in 2019. Post Office scandal - latest updates Hundreds were wrongly accused of stealing from branches between 1999 and 2015 after faulty Horizon software caused erroneous accounting shortfalls . Sir Alan's circular summarised a recent meeting of victims during which it was agreed that without improvements, a "deadline", or a "date for the end" of the compensation scheme, then another meeting would take place in mid-January. He wrote: "At which time, a specialist law firm will be invited to address the group on how we can swiftly move this whole matter back to the courts to resolve. More on Post Office Scandal Post Office scandal: At least eight convictions linked to Capture software being investigated as possible miscarriages of justice Post Office Horizon Scandal: Four suspects identified by police Post Office to set out plans for branch closures and job cuts Related Topics: Post Office scandal "This might also involve the other schemes as well as our own, and it would mean we would have to fundraise once again, but this time nationally and I have no doubt we could raise the money required." The newsletter also highlighted that the "merits and drawbacks" of other "legal avenues" were discussed by members of the Justice for Sub-postmasters Alliance (JFSA). The meeting heard that the "greater majority" of more than 150 victims who attended were "still awaiting or yet to agree their final settlements". Sir Alan has written to the prime minister twice in the last two months asking him to set a March 2025 deadline for all GLO claims. In his newsletter, Sir Alan says the response from Sir Keir Starmer "only contained the standard civil service platitudes which mean nothing and basically stated that they would carry on as usual, i.e. same old, same old. "There may have been a change of political party in power, but the civil service never changes, and we all know who is really in charge of government." Read more: Eight pre-Horizon convictions checked Former postmaster calls compensation offer 'insulting' Post Office chairman ousted amid row with government Sir Alan also described "similarities" between the findings of the Parliamentary and Health Service Ombudsman (PHSO) on the Windrush compensation scheme and the problems experienced by GLO Scheme victims. The PHSO found that the Home Office Scheme was making wrong decisions and refusing payment to those entitled to it. Sir Alan stated that following a recent meeting with the PHSO victims, they "may well have strong grounds to bring a new complaint against the Department for Business and Trade".Data engineering predictions 2025: Data Mesh, Automation, and AI

Stock market today: Wall Street drifts lower as it waits for inflation data

Published 5:32 pm Tuesday, December 10, 2024 By austinsubmitted I am honored and humbled to serve as a member of the Austin School Board in this incredible district. At the Nov. 12, Regular School Board meeting, I was privileged to hear an outstanding presentation entitled “Global Youth Institute,” which was given by Lisa Sanders, Austin High School Social Studies teacher, and four of her students, Chloe Cannon, Makayla Dokpodjo, Sabreen Nagid, and Bella Rosenthal. Their presentation left me awestruck. Clearly, these four students are destined to be future leaders of the world. They are shining examples of the vision of Austin Public Schools coming to fruition, which is for all learners to make a difference in the world. The way the students were selected to attend the Global Youth Institute was noteworthy. The students chose a topic near and dear to their hearts, conducted their research, and wrote an initial 3–5-page paper on a critical aspect of global food security. The students first presented their papers at the Minnesota Youth Institute at the University of Minnesota in May of 2024. The top papers were then selected to be presented at the Global Youth Institute. The Global Youth Institute is an academic conference that empowers youth to recommend solutions to global food security issues. The 2024 Global Youth Institute Conference was held in Des Moines, Iowa, from October 29-31, with 175 student delegates from the US and around the world in attendance. At the conference, the students presented their papers. They supported their findings in roundtable discussion groups of seven to nine students led by three distinguished global science, industry, and policy leaders. The Global Youth Institute website states, “Student papers are subsequently published in the Global Youth Institute Proceedings and are available online.” Our student delegates researched and presented on the following topics: Chloe Cannon, “Poor Infrastructure in Rural Romania;” Makayla Dokpodjo, “The United Arab Emirates: Turning Deserts into Greenhouses;” Sabreen Nagid, “Political Causes of Starvation in Sudan; and Bella Rosenthal, “Improving Belize’s Food Waste and Food Production.” Chloe, Makayla, Sabreen, and Bella shared their experiences at the Global Youth Institute conference with Superintendent Page and the school board members. Their delivery was engaging, and none of the students used notes or slides when speaking. The students gave an enlightening, stimulating presentation and easily answered our questions. Ms. Sanders and the students highlighted the following experiences they encountered at the conference: • Participated in the Plant the Moon activity and heard from Astronaut Clay Anderson. • Ate breakfast with the Hormel Team, including CEO James Snee and Jackie Joyner-Kersee, a six-time Olympic medalist, who shared insights about the Jackie Joyner-Kersee Foundation in East St. Louis. • Listened to government officials (U.S. and foreign) describe their work on food security in their respective countries and globally. • Took part in immersion tours of farms, businesses, and factories, where they learned about various new technologies, including hydroponic and aquaponic farming. • Presented their papers and solutions on food security issues to peers and academic and business leaders from around the world. • Observed the FarmCraft game, which demonstrated farming in a virtual setting. • Participated in the Meal Packing Event, gaining valuable hands-on experience. • Attended the Laureate Award Ceremony virtually. • Joined the Student Awards Ceremony and Dance Party. Future opportunities abound for our four 2024 delegates. According to Ms. Sanders, our student delegates could become Youth Leaders at the Global Youth Institute in 2025 and be eligible for internships and scholarships. Austin High School offers several avenues for interested students to attend the MN Youth Institute in May 2025. AP Human Geography, Human Geography, and Modern World Events Semester 2 courses offer opportunities to meet the eligibility requirements. I want to thank the entire community for supporting our district. Exciting things are happening in Austin Public Schools! Carol McAlister Austin School Board Member

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