LOS ANGELES--(BUSINESS WIRE)--The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Teradata Corporation (“Teradata” or “the Company”) (NYSE: TDC) for violations of the securities laws.
The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors. Teradata’s expanded business model caused customer transactions longer to finalize. The Company overstated its ability to close customer deals in a timely manner. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Teradata, investors suffered damages.
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We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at bschall@schallfirm.com.
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
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