LOS ANGELES--(BUSINESS WIRE)--Goldberg Law PC, 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).
If you purchased or otherwise acquired Teradata shares, and would like more information about the investigation, we encourage you to contact Michael Goldberg or Brian Schall, of Goldberg Law PC, 1999 Avenue of the Stars, Suite 1100, Los Angeles, CA 90067, at 800-977-7401, to discuss your rights without cost to you.
The investigation focuses on whether Teradata and certain of its officers and/or directors violated federal securities laws. On August 4, 2017, the Company disclosed that it discovered “questionable expenditures for travel, gifts and other expenses” at a Teradata subsidiary conducting business in Turkey. Teradata advised investors that it initiated an internal investigation, with the assistance of outside counsel and forensic accountants, to determine whether the expenditures may have violated the U.S. Foreign Corrupt Practices Act or other potentially applicable anti-corruption laws. In late February 2017, the Company voluntarily contacted the U.S. Securities & Exchange Commission and the U.S. Department of Justice to alert them to the relevant events and the Company's internal investigation. Following this news, Teradata’s stock price dropped.
If you have any questions concerning your legal rights, please immediately contact Goldberg Law PC at 800-977-7401, or visit our website at http://www.Goldberglawpc.com, or email us at firstname.lastname@example.org.
Goldberg Law PC represents investors around the world, and specializes in securities class action lawsuits and shareholder rights litigation.
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