RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law

Schall, Brown & Schwartz LLP issued a solicitation reminding RXT investors of a securities fraud class action, with a lead plaintiff deadline of September 28, 2026 and a class period of May 7, 2026 to July 8, 2026. The complaint alleges Rackspace made misleading statements as its enterprise AI push shifted investment away from the profitable Private Cloud business, which lost customers to hyperscale platforms and pressured fiscal 2026 revenue.

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