Glancy Prongay & Murray LLP Announces Investigation on Behalf of Conduent, Inc. Investors

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf
of Conduent, Inc. (“Conduent” or the “Company”) (NYSE: CNDT)
investors concerning the Company and its officers’ possible violations
of federal securities laws.

If you are a shareholder who suffered a loss, click here to
participate.

If you wish to learn more about this action, or if you have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Lesley Portnoy, Esquire, at
310-201-9150, Toll-Free at 888-773-9224, or by email to [email protected],
or visit our website at www.glancylaw.com.

On November 7, 2018, Conduent attributed its negative Q3 and Q4
projected operating results to “continued suboptimal performance from an
inherited legacy technology vendor…stem[ming] from the vendor’s
inability to deliver on service level agreements, lack of responsiveness
to Conduent’s needs, and poorly structured contract which [the Company]
inherited.” The Company also disclosed that an “outdated and
historically under-invested legacy IT infrastructure has caused major
disruptions to our operations and impacted clients and delivery
performance.” On this news, shares of Conduent fell $5.60, or 29%, to
close at $13.62 on November 7, 2018, thereby injuring investors.

If you purchased Conduent securities, have information, or would like to
learn more about these claims, or have any questions concerning this
announcement or your rights or interests with respect to these matters,
please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite
2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9244,
or visit our website at www.glancylaw.com.
If you inquire by email please include your mailing address, telephone
number, and the number of shares purchased.

This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190314005905/en/