INVESTOR ALERT: Rosen Law Firm Reminds Conduent, Inc. Investors of Important Deadline in Securities Class Action Lawsuit; Encourages Investors with Over $100K in Losses to Contact the Firm – CNDT

Rosen Law Firm, a global investor rights law firm, reminds purchasers of
the securities of Conduent, Inc. (NYSE:CNDT) from February 21, 2018
through November 6, 2018, inclusive (the “Class Period”) of the
important May 7, 2019 lead plaintiff deadline in the class action. The
lawsuit seeks to recover damages for Conduent investors under the
federal securities laws.

To join the Conduent class action, go to https://www.rosenlegal.com/cases-register-1540.html
or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected]
or [email protected] for
information on the class action.

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR’S ABILITY TO SHARE IN
ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD
PLAINTIFF.

According to the lawsuit, defendants throughout the Class Period made
false and/or misleading statements and/or failed to disclose that: (1)
Conduent had misled investors in representing that as of February 2018
the Company had fixed efficiency issues caused by Conduent operating on
various information resource platforms; (2) Conduent admitted in
November 2018 that its “outdated and historically under-invested legacy
IT infrastructure has caused major disruptions to our operations and
impacted clients and delivery performance”; and (3) as a result,
defendants’ public statements were materially false and misleading at
all relevant times. When the true details entered the market, the
lawsuit claims that investors suffered damages.

A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than May 7, 2019. A
lead plaintiff is a representative party acting on behalf of other class
members in directing the litigation. If you wish to join the litigation,
go to https://www.rosenlegal.com/cases-register-1540.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. of Rosen Law Firm toll free at
866-767-3653 or via e-mail at [email protected]
or [email protected].

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Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190415005883/en/