Xerox Corporation Investor Investigation over possible Violations of Securities Laws

Nov. 19, 2013 - PRLog -- An investigation on behalf of investors of Xerox Corporation  shares over potential securities laws violations by Xerox and certain of its directors and officers in connection certain financial statements was announced.

If you purchased shares of Xerox Corporation , you have certain options and you should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 – 1554

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Xerox Corporation  concerning whether a series of statements by Xerox regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Xerox Corporation reported that its annual Total Revenue declined from over $22.62 billion in 2011 to $22.39 billion in 2012 and that its respective Net Income decreased from over $1.27 billion to over $1.19 billion.

Shares of Xerox Corporation  declined from $12.00 in later 2010 to as low as $6.23 per share in November 2012.

Xerox Corporation reported that for the first quarter in 2013 Total Revenue of over $5.2 billion with first quarter Net income of $296 million.

For the second quarter Xerox Corporation reported Total revenue of over $5.4 billion in 2013, compared to over $5.36 billion in 2012, while its second quarter Net Income in 2013 of $271 million declined compared to the second quarter Net income in 2012 of $309.00 million.

Shares of Xerox Corporation grew from slightly over $6 in November 2012 to as high as $10.53 per share on Oct. 4, 2013.

Those who purchased shares of Xerox Corporation have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554