Rackspace Technology Deadline: RXT Investors Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit

Rosen Law Firm issued a deadline reminder for Rackspace Technology (NASDAQ: RXT) investors, setting a September 28, 2026 lead plaintiff deadline for a securities fraud class action covering purchasers between May 7 and July 8, 2026. The complaint alleges Rackspace misled investors by failing to disclose that its enterprise AI efforts would divert capacity and capital away from the profitable Private Cloud segment, while Public Cloud revenue declined as customers contracted directly with hyperscale cloud platforms and a material portion of the Public Cloud resale business faced reduction.

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