{"success":true,"data":{"pressRelease":{"id":"138690","rtpr_id":"nPn2qxjQDa-20260909","ticker":"RXT","exchange":"NASDAQ","all_tickers":["RXT"],"title":"RXT Deadline: RXT Investors with Losses in Excess of $100K Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit","author":"PR Newswire","published_at":"2026-09-09T07:50:00.030Z","article_body":"RXT Deadline: RXT Investors with Losses in Excess of $100K Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit\n\nPR Newswire\n\nNEW YORK, Sept. 9, 2026\n\nNEW YORK, Sept. 9, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor\nrights law firm, reminds purchasers of securities of Rackspace Technology,\nInc. (NASDAQ: RXT) between May 7, 2026 and July 8, 2026 inclusive (the \"Class\nPeriod\"), of the important September 28, 2026 lead plaintiff deadline.\n\nSo what: If you purchased Rackspace securities during the Class Period you may\nbe entitled to compensation without payment of any out of pocket fees or costs\nthrough a contingency fee arrangement.\n\nWhat to do next: To join the Rackspace class action, go to\nhttps://rosenlegal.com/cases/rackspace-technology-inc/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=1130707785&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action. A class action lawsuit has already been filed. If you wish to\nserve as lead plaintiff, you must move the Court no later than September 28,\n2026. A lead plaintiff is a representative party acting on behalf of other\nclass members in directing the litigation.\n\nWhy Rosen Law: We encourage investors to select qualified counsel with a track\nrecord of success in leadership roles. Often, firms issuing notices do not\nhave comparable experience, resources, or any meaningful peer\nrecognition. Many of these firms do not actually handle securities class\nactions, but are merely middlemen that refer clients or partner with law firms\nthat actually litigate the cases. Be wise in selecting counsel. The Rosen Law\nFirm represents investors throughout the globe, concentrating its practice in\nsecurities class actions and shareholder derivative litigation. Rosen Law Firm\nhas achieved the largest ever securities class action settlement against a\nChinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class\nAction Services for number of securities class action settlements in 2017. The\nfirm has been ranked in the top 4 each year since 2013 and has recovered\nbillions of dollars for investors. In 2019 alone the firm secured over $438\nmillion for investors. In 2020, founding partner Laurence Rosen was named by\nlaw360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been\nrecognized by Lawdragon and Super Lawyers.\n\nDetails of the case: According to the lawsuit, defendants made false and/or\nmisleading statements and/or failed to disclose that: (1) Rackspace's\nenterprise AI efforts would require Rackspace to significantly re-prioritize\nits capacity and capital away from the profitable Private Cloud segment; (2)\nRackspace's Public Cloud revenue was declining as customers contracted\ndirectly with hyperscale cloud platforms; (3) as a result, Rackspace was\nlikely to significantly reduce a material portion of its Public Cloud\ninfrastructure resale business; (4) as a result, Rackspace's fiscal year 2026\nrevenue would be significantly impacted; and (5) as a result  of the\nforegoing, defendants' public statements about Rackspace's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis. When the true details entered the market, the lawsuit claims\nthat investors suffered damages.\n\nTo join the Rackspace class action, go to\nhttps://rosenlegal.com/cases/rackspace-technology-inc/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=1130707785&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action.\n\nNo Class Has Been Certified. Until a class is certified, you are not\nrepresented by counsel unless you retain one. You may select counsel of your\nchoice. You may also remain an absent class member and do nothing at this\npoint. An investor's ability to share in any potential future recovery is not\ndependent upon serving as lead plaintiff.\n\nFollow us for updates on LinkedIn:\nhttps://www.linkedin.com/company/the-rosen-law-firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=2920787188&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm)\n, on Twitter: https://twitter.com/rosen_firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=2490623648&u=https%3A%2F%2Ftwitter.com%2Frosen_firm&a=https%3A%2F%2Ftwitter.com%2Frosen_firm)\n or on Facebook: https://www.facebook.com/rosenlawfirm/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=1682894733&u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F)\n.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n\nContact Information:\n\n     Laurence Rosen, Esq.\n     Phillip Kim, Esq.\n     The Rosen Law Firm, P.A.\n     275 Madison Avenue, 40th Floor\n     New York, NY 10016\n     Tel: (212) 686-1060\n     Toll Free: (866) 767-3653\n     Fax: (212) 202-3827\n     case@rosenlegal.com (mailto:case@rosenlegal.com)\n     www.rosenlegal.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=4187455852&u=http%3A%2F%2Fwww.rosenlegal.com%2F&a=www.rosenlegal.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/rxt-deadline-rxt-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-rackspace-technology-inc-securities-fraud-lawsuit-302873129.html\n(https://www.prnewswire.com/news-releases/rxt-deadline-rxt-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-rackspace-technology-inc-securities-fraud-lawsuit-302873129.html)\n\nSOURCE THE ROSEN LAW FIRM, P. A.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1118010/Rosen-Law-Firm-Logo.jpg?id=OA2937573\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved.","article_body_html":"","raw_payload":{"data":{"id":"nPn2qxjQDa-20260909","title":"RXT Deadline: RXT Investors with Losses in Excess of $100K Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit","author":"PR Newswire","ticker":"RXT","created":"2026-09-09T07:50:00.030Z","tickers":["RXT"],"exchange":"NASDAQ","article_body":"RXT Deadline: RXT Investors with Losses in Excess of $100K Have Opportunity to Lead Rackspace Technology, Inc. Securities Fraud Lawsuit\n\nPR Newswire\n\nNEW YORK, Sept. 9, 2026\n\nNEW YORK, Sept. 9, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor\nrights law firm, reminds purchasers of securities of Rackspace Technology,\nInc. (NASDAQ: RXT) between May 7, 2026 and July 8, 2026 inclusive (the \"Class\nPeriod\"), of the important September 28, 2026 lead plaintiff deadline.\n\nSo what: If you purchased Rackspace securities during the Class Period you may\nbe entitled to compensation without payment of any out of pocket fees or costs\nthrough a contingency fee arrangement.\n\nWhat to do next: To join the Rackspace class action, go to\nhttps://rosenlegal.com/cases/rackspace-technology-inc/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=1130707785&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action. A class action lawsuit has already been filed. If you wish to\nserve as lead plaintiff, you must move the Court no later than September 28,\n2026. A lead plaintiff is a representative party acting on behalf of other\nclass members in directing the litigation.\n\nWhy Rosen Law: We encourage investors to select qualified counsel with a track\nrecord of success in leadership roles. Often, firms issuing notices do not\nhave comparable experience, resources, or any meaningful peer\nrecognition. Many of these firms do not actually handle securities class\nactions, but are merely middlemen that refer clients or partner with law firms\nthat actually litigate the cases. Be wise in selecting counsel. The Rosen Law\nFirm represents investors throughout the globe, concentrating its practice in\nsecurities class actions and shareholder derivative litigation. Rosen Law Firm\nhas achieved the largest ever securities class action settlement against a\nChinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class\nAction Services for number of securities class action settlements in 2017. The\nfirm has been ranked in the top 4 each year since 2013 and has recovered\nbillions of dollars for investors. In 2019 alone the firm secured over $438\nmillion for investors. In 2020, founding partner Laurence Rosen was named by\nlaw360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been\nrecognized by Lawdragon and Super Lawyers.\n\nDetails of the case: According to the lawsuit, defendants made false and/or\nmisleading statements and/or failed to disclose that: (1) Rackspace's\nenterprise AI efforts would require Rackspace to significantly re-prioritize\nits capacity and capital away from the profitable Private Cloud segment; (2)\nRackspace's Public Cloud revenue was declining as customers contracted\ndirectly with hyperscale cloud platforms; (3) as a result, Rackspace was\nlikely to significantly reduce a material portion of its Public Cloud\ninfrastructure resale business; (4) as a result, Rackspace's fiscal year 2026\nrevenue would be significantly impacted; and (5) as a result  of the\nforegoing, defendants' public statements about Rackspace's business,\noperations, and prospects were materially misleading and/or lacked a\nreasonable basis. When the true details entered the market, the lawsuit claims\nthat investors suffered damages.\n\nTo join the Rackspace class action, go to\nhttps://rosenlegal.com/cases/rackspace-technology-inc/join\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=1130707785&u=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin&a=https%3A%2F%2Frosenlegal.com%2Fcases%2Frackspace-technology-inc%2Fjoin)\n or call Phillip Kim, Esq. toll-free at 866-767-3653 or email\ncase@rosenlegal.com (mailto:case@rosenlegal.com)  for information on the\nclass action.\n\nNo Class Has Been Certified. Until a class is certified, you are not\nrepresented by counsel unless you retain one. You may select counsel of your\nchoice. You may also remain an absent class member and do nothing at this\npoint. An investor's ability to share in any potential future recovery is not\ndependent upon serving as lead plaintiff.\n\nFollow us for updates on LinkedIn:\nhttps://www.linkedin.com/company/the-rosen-law-firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=2920787188&u=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm&a=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fthe-rosen-law-firm)\n, on Twitter: https://twitter.com/rosen_firm\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=2490623648&u=https%3A%2F%2Ftwitter.com%2Frosen_firm&a=https%3A%2F%2Ftwitter.com%2Frosen_firm)\n or on Facebook: https://www.facebook.com/rosenlawfirm/\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=1682894733&u=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F&a=https%3A%2F%2Fwww.facebook.com%2Frosenlawfirm%2F)\n.\n\nAttorney Advertising. Prior results do not guarantee a similar outcome.\n\nContact Information:\n\n     Laurence Rosen, Esq.\n     Phillip Kim, Esq.\n     The Rosen Law Firm, P.A.\n     275 Madison Avenue, 40th Floor\n     New York, NY 10016\n     Tel: (212) 686-1060\n     Toll Free: (866) 767-3653\n     Fax: (212) 202-3827\n     case@rosenlegal.com (mailto:case@rosenlegal.com)\n     www.rosenlegal.com\n(https://edge.prnewswire.com/c/link/?t=0&l=en&o=4769961-1&h=4187455852&u=http%3A%2F%2Fwww.rosenlegal.com%2F&a=www.rosenlegal.com)\n\nView original content to download\nmultimedia:https://www.prnewswire.com/news-releases/rxt-deadline-rxt-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-rackspace-technology-inc-securities-fraud-lawsuit-302873129.html\n(https://www.prnewswire.com/news-releases/rxt-deadline-rxt-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-rackspace-technology-inc-securities-fraud-lawsuit-302873129.html)\n\nSOURCE THE ROSEN LAW FIRM, P. A.\n\n\n\nPhoto: \nhttps://mmx.prnewswire.com/media/MS1118010/Rosen-Law-Firm-Logo.jpg?id=OA2937573\n\nCopyright (c) 2026 PR Newswire Association,LLC. All Rights Reserved."},"type":"article","timestamp":"2026-09-09T07:50:00.082370619Z","server_sent_at_ms":1788940200082},"received_at":"2026-09-09T07:50:00.132Z","source_url":"https://www.prnewswire.com/news-releases/rxt-deadline-rxt-investors-with-losses-in-excess-of-100k-have-opportunity-to-lead-rackspace-technology-inc-securities-fraud-lawsuit-302873129.html"},"analysis":{"id":"127533","press_release_id":"138690","analysis_json":{"industry":null,"redFlags":[],"eventType":"legal_litigation","narrative":"Rosen Law Firm issued a shareholder-solicitation notice naming Rackspace Technology, Inc. (RXT); no new disclosure from the company itself.\n\nThe release is a routine lead-plaintiff-deadline reminder soliciting investors with losses in excess of $100K to contact the firm on a contingency basis.\n\nThis is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.","sentiment":"neutral","agentHooks":{"shouldPost":false,"suggestedAngle":"Plaintiff-firm solicitation -- suppress."},"keyFigures":{},"quotedText":"","namedEntities":{"people":[{"name":"Laurence Rosen","role":"Founding Partner"},{"name":"Phillip Kim","role":"Esq."}],"products":[],"companies":[{"name":"Rackspace Technology, Inc.","ticker":"RXT","relationship":"target"},{"name":"Rosen Law Firm, P.A.","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$100K","context":"losses threshold for lead plaintiff opportunity"},{"amount":"$438 million","context":"recovered by Rosen Law Firm in 2019"}]},"materialImpact":{"score":1,"reasoning":"Plaintiff law-firm shareholder solicitation issued by Rosen Law Firm. No new disclosure from the issuer; no certified class, no settlement. Boilerplate lead-plaintiff-deadline reminder."},"tickerRelevance":{"others":[],"primary":"RXT"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"event_type":"legal_litigation","event_type_secondary":null,"sentiment":"neutral","material_impact_score":1,"narrative":"Rosen Law Firm issued a shareholder-solicitation notice naming Rackspace Technology, Inc. (RXT); no new disclosure from the company itself.\n\nThe release is a routine lead-plaintiff-deadline reminder soliciting investors with losses in excess of $100K to contact the firm on a contingency basis.\n\nThis is law-firm marketing, not an issuer disclosure or a court action; treat as low-signal noise.","key_figures":{},"named_entities":{"people":[{"name":"Laurence Rosen","role":"Founding Partner"},{"name":"Phillip Kim","role":"Esq."}],"products":[],"companies":[{"name":"Rackspace Technology, Inc.","ticker":"RXT","relationship":"target"},{"name":"Rosen Law Firm, P.A.","relationship":"plaintiff law firm"}],"dollarAmounts":[{"amount":"$100K","context":"losses threshold for lead plaintiff opportunity"},{"amount":"$438 million","context":"recovered by Rosen Law Firm in 2019"}]},"model_name":"glm-4.7-flashx","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-09-09T07:50:14.225Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"small-cap","eventGravity":"law-firm-solicitation","issuerAuthored":false}},"durationMs":14083,"modelName":"glm-4.7-flashx"}}