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

$RXTPress releaseAug 3, 2026, 3:35 AM ETRead the release

Schall, Brown & Schwartz LLP reminded investors of a class action lawsuit against Rackspace Technology regarding alleged violations of federal securities laws. The complaint alleges the company made misleading statements about its shift to enterprise AI, which negatively impacted its Private Cloud revenue.

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    RXT: RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit with SBS Law — AI Analysis | Signal8