TDC - Class Action Lawsuit Filed on Behalf of Teradata Corporation (TDC) Investors – Holzer & Holzer LLC Encourages Investors With Significant Losses to Contact the Firm | Benzinga

ATLANTA, June 17, 2024 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against officers of Teradata Corporation ("Teradata" or the "Company") (NYSE:TDC). The lawsuit alleges that Defendants made materially false and misleading statements and/or failed to disclose material adverse information, regarding the Company's business, operations, and compliance policies, including allegations that: (i) under Teradata's expanded business model, which involved engagement with additional customer business units and decisionmakers, transactions with the Company's customers took longer to finalize; (ii) Teradata thus overstated its ability to close customer transactions within their intended timeframes under its expanded business model; (iii) Teradata failed ...

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