Grabar Law Office Investigates Claims on Behalf of Unisys Corporation (UIS) Shareholders

February 09, 2023 4:18 PM EST | Source: Grabar Law Office

Philadelphia, Pennsylvania--(Newsfile Corp. - February 9, 2023) - If you are a current Unisys (NYSE: UIS) shareholder and have held shares since on or before August 3, 2022, you may be able seek corporate reforms, the return of funds back to the company, and a court approved incentive award if appropriate.

On November 7, 2022, Unisys announced that it was significantly lowering its previously stated 2022 financial guidance and that it would be unable to file its Q3 Quarterly Report with the S.E.C. "without unreasonable effort and expense and within the prescribed time period," Unisys further disclosed that its audit and finance committee "is conducting an internal investigation regarding certain disclosure controls and procedures matters" and that Unisys "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 [Unisys'] disclosure controls and procedures and internal control over financial reporting are not effective."

If you would like to learn more about this matter and your rights, at no cost to you, visit https://grabarlaw.com/the-latest/unisys-shareholder-derivative-investigation/, contact us at jgrabar@grabarlaw.com, or call 267-507-6085.

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Contact:
Joshua H. Grabar, Esq.
Grabar Law Office
One Liberty Place
1650 Market Street, Suite 3600
Philadelphia, PA 19103
Tel: 267-507-6085
Email: jgrabar@grabarlaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/154294

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