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Xerox faces shareholder lawsuits (access required)

In the span of four weeks, Xerox Corp. has found itself the defendant in two separate lawsuits filed by one of its largest shareholders. Darwin Deason, Xerox’s third-largest shareholder, has filed suit against Xerox, Xerox CEO Jeff Jacobson and Xerox’s board of directors to, among other things, allow Deason and other shareholders to nominate a full ...

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Xerox reports drop in sales in first full quarter since shakeup (access required)

Xerox Corp. on Tuesday reported a drop in third quarter revenue and earnings, missing Street estimates for sales, but beating ...