Bronstein, Gewirtz & Grossman, LLC: Teradata Corporation Investigation for Potential Securities Class Action
New York, NY – March 11, 2025
Bronstein, Gewirtz & Grossman, LLC is currently investigating potential claims on behalf of purchasers of Teradata Corporation (“Teradata” or “the Company”) (NYSE:TDC). The investigation concerns whether Teradata and certain of its officers and/or directors have violated the Securities Act of 1933 and/or the Securities Exchange Act of 1934 through allegedly misleading statements and/or omissions.
Background
Teradata is a global data analytics and marketing solutions company. The Company’s offerings include database software, consulting services, and cloud-based solutions. Teradata’s customers include Fortune Global 500 companies and government agencies.
Alleged Misrepresentations
The investigation focuses on certain statements and omissions made by Teradata regarding its financial condition and business prospects. Specifically, it is alleged that the Company misrepresented:
- The Company’s revenue growth and financial performance
- The Company’s ability to meet its financial targets
- The Company’s business prospects and growth opportunities
It is further alleged that these misrepresentations were made or concealed between February 13, 2023, and the present.
Impact on Investors
If the allegations are true, Teradata investors who purchased the Company’s securities prior to February 13, 2023, and continue to hold to the present, may have legal remedies. These investors may be able to recover their losses through a securities class action lawsuit. The investigation is ongoing, and potential claimants are encouraged to contact Bronstein, Gewirtz & Grossman, LLC to discuss their options.
Impact on the World
The potential implications of the Teradata investigation extend beyond the Company’s shareholders. The investigation raises concerns about the accuracy and reliability of the financial information provided by publicly traded companies. This, in turn, could impact investor confidence and the overall functioning of financial markets. Additionally, if the allegations are proven true, it could lead to increased scrutiny of Teradata’s industry peers and potentially result in increased regulation.
Conclusion
Bronstein, Gewirtz & Grossman, LLC is committed to ensuring that companies adhere to the highest standards of transparency and disclosure. The investigation into Teradata Corporation is an important step in this process. Potential claimants are encouraged to visit bgandg.com/TDC to learn more about the investigation and their potential options.
This information is provided as a general information and is not intended as legal advice. If you have any questions or concerns regarding your specific situation, please contact the firm directly.
Bronstein, Gewirtz & Grossman, LLC
200 Park Avenue, 16th Floor
New York, NY 10166
212-697-6484
