Energy News / Shareholders Foundation, Inc.

NYSE:CNDT Shareholder Notice: Deadline on May 7, 2019 in Lawsuit Against Conduent Incorporated Upcoming

Via: ReleaseWire

Updated 11:15 AM CDT, Wed, May 08,2019

A Deadline is coming up on May 7, 2019 in the lawsuit for certain investors in Conduent Incorporated (NYSE: CNDT) and NYSE: CNDT stockholders should contact the Shareholders Foundation.

San Diego, CA -- (SBWIRE) -- 05/08/2019 -- A deadline is coming up on May 7, 2019 in the lawsuit filed for certain investors of Conduent Incorporated (NYSE: CNDT over alleged securities laws violations by Conduent Incorporated.

Investors who purchased shares of Conduent Incorporated (NYSE: CNDT) have certain options and there are strict and short deadlines running. Deadline: May 7, 2019. NYSE: CNDT stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the District of New Jersey the plaintiff alleges on behalf of purchasers of Conduent Incorporated (NYSE: CNDT) common shares between February 21, 2018 and November 6, 2018, that the defendants violated Federal Securities Laws.

Florham Park, NJ based Conduent Incorporated provides business process services with capabilities in transaction-intensive processing, analytics, and automation in the United States and Europe. Conduent Incorporated reported that its annual Total Revenue declined from over $6.4 billion in 2016 to over $6.02 billion in 2017 and that its Net Loss of $983 million in 2016 turned into a Net Income of $181 million in 2017.

On November 7, 2018, Conduent Incorporated announced its third quarter 2018 financial results. Conduent Incorporated disclosed that its third quarter 2018 revenue was $1,304 million, down 11.9% compared to Q3 2017 and that issued its financial and strategic outlook for its fiscal year 2018.

Shares of Conduent Incorporated (NYSE: CNDT) declined from $23.89 per share in September 2018 to as low as $9.68 per share on December 26, 2018.

Those who purchased shares of Conduent Incorporated (NYSE: CNDT) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigation, and/or settlements are not filed/reached and/or related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

For more information on this press release visit:
http://www.sbwire.com/press-releases/nysecndt-shareholder-notice-deadline-on-may-7-2019-in-lawsuit-against-conduent-incorporated-upcoming-1213278.htm

Media Relations Contact
Michael Daniels
1-858-779-1554
Email: Click to Email Michael Daniels
Web: http://www.ShareholdersFoundation.com