Important Deadline for Teradata Corp. (NYSE:TDC) Securities Class Action Lawsuit – August 13, 2024

Top law firm Bleichmar Fonti & Auld LLP has set an upcoming deadline of August 13, 2024, for investors to participate in the securities class action lawsuit against Teradata Corp. (NYSE:TDC). The lawsuit alleges that Teradata and certain senior executives made false and misleading statements regarding the company’s business model, pipeline, and revenue growth prospects between February 13, 2023, and February 12, 2024.

Investors who suffered losses due to their investment in Teradata are encouraged to submit their information to potentially recover their losses. The lawsuit claims that Teradata’s expanded business model led to delays in closing large customer transactions, causing the company to overstate its pipeline and revenue growth prospects.

The price of Teradata stock declined significantly on December 7, 2023, and February 12, 2024, following the company’s disclosures about deal timing issues and missed revenue guidance. Investors who believe they were affected by these alleged misrepresentations are urged to take action before the August 13, 2024 deadline.

Bleichmar Fonti & Auld LLP, a renowned law firm specializing in securities class actions, is representing shareholders in this case. The firm has a track record of successful recoveries for investors in similar lawsuits, including against companies like Tesla, Inc. and Teva Pharmaceutical Ind. Ltd.

Investors interested in learning more about their rights in the Teradata Corp. securities class action lawsuit can visit the firm’s website and submit their information before the deadline. Representation is on a contingency fee basis, meaning there is no cost to shareholders upfront. For more information about Bleichmar Fonti & Auld LLP and its attorneys, visit their website.