NEW YORK, Nov. 08, 2022 (GLOBE NEWSWIRE) — Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors in Unisys Corporation (“Unisys” or the “Company”) UIS.

If you would like to discuss our investigation, please contact us via email jcampisi@kaplanfox.com or by calling (212) 687-1980.

On November 8, 2022, Unisys announced that it was “unable to file its quarterly report on Form 10-Q for the quarter ended September 30, 2022 (the “Form 10-Q”).

The Audit and Finance Committee of the Company’s board of directors (the “Audit Committee”) is conducting an internal investigation related to certain disclosure controls and procedural issues, including but not limited to the dissemination and communication of information within certain parts of the organization. The investigations are ongoing. After evaluating the results of the investigation, the company expects that it could identify that there are one or more material weaknesses in its internal control over financial reporting, which may lead to the conclusion that the company’s disclosure controls and processes and internal control are weak Company’s financial reporting is not effective.”

The Company also announced that the Audit Committee required additional time to complete its investigation and the Company and its independent registered public accounting firm required additional time to complete their respective reviews of the Company’s internal controls and procedures. Notwithstanding the foregoing, the Company does not expect that the investigation will result in any changes in the financial results in the Company’s previously reported financial statements or affect the financial results in the Company’s unaudited financial statements for the period ended September 30, 2022. While the Company works to complete its investigation and evaluation of its disclosure controls and procedures and…