On February 20, 2025, Johnson Fistel, LLP, a prominent shareholder rights law firm, announced an investigation into Unisys Corporation (NYSE: UIS) concerning potential violations of securities laws. The investigation centers on allegations that Unisys, along with certain executive officers, may have misrepresented or failed to disclose significant adverse information about the company, particularly related to cybersecurity risks.

2. Background on SEC Charges

The impetus for this investigation stems from a significant announcement made by the U.S. Securities and Exchange Commission (SEC) on October 22, 2024. The SEC charged Unisys and three other companies for making "materially misleading disclosures regarding cybersecurity risks and intrusions." This revelation had an immediate and adverse impact on Unisys's stock performance, as shares plummeted by over 8.6% following the SEC's announcement.

The SEC's scrutiny highlights growing concerns over corporate transparency and accountability in the face of escalating cybersecurity threats—an issue that continues to plague businesses across various sectors.

3. Details of the Investigation

Johnson Fistel, LLP is actively seeking shareholders who have purchased Unisys securities and experienced financial losses as a result of the company's actions. The firm encourages those affected to join their investigation, emphasizing that participation comes at no cost or obligation.

Jim Baker, a representative from Johnson Fistel, stated, "Our investigation aims to uncover whether Unisys misled investors and failed to uphold its obligations under securities laws." Shareholders who wish to engage with the investigation can do so by contacting Jim Baker directly at (619) 814-4471 or via email at jimb@johnsonfistel.com.

4. Whistleblower Program

In an additional layer of the investigation, Johnson Fistel has urged individuals with nonpublic information about Unisys to come forward. The SEC has a Whistleblower program that incentivizes individuals to report original information relating to violations of securities laws. Whistleblowers may receive rewards amounting to up to 30% of any financial recovery realized by the SEC, under certain circumstances.

5. About Johnson Fistel, LLP

Johnson Fistel, LLP is recognized nationally for its work in shareholder rights, with offices across California, New York, Georgia, and Colorado. The firm specializes in representing both individual and institutional investors in securities class action lawsuits and shareholder derivative actions. More information about the firm and its services can be found on their website at www.johnsonfistel.com.

6. Conclusion

The ongoing investigation into Unisys Corporation underscores the importance of transparency and accountability in corporate governance, particularly regarding cybersecurity disclosures. As the landscape of digital security becomes increasingly complex, the ramifications of failing to adequately inform investors could be profound. Stakeholders will be watching closely as this situation unfolds, with potential implications for the company's future and investor confidence.

Original press release