Teradata Corporation
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
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CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
1800 Century Park East, Suite 600
Los Angeles, CA 90067
info@portnoylaw.com
Throughout the Class Period, Defendants made materially false and misleading statements about the company’s business, operations, and compliance policies. They failed to disclose that: (i) under Teradata’s expanded business model, transactions with customers took longer to finalize; (ii) Teradata overstated its ability to close these transactions within the expected timeframes; (iii) it failed to timely close several transactions included in its 2023 ARR growth forecast; (iv) consequently, it was unlikely to meet its 2023 Total and Public Cloud ARR expectations; and (v) the company’s public statements were materially false and misleading.
