Home / Industry / Legal / Deason claims inappropriate actions by Xerox’s Jacobson (access required)

Deason claims inappropriate actions by Xerox’s Jacobson (access required)

An amended lawsuit filed by Xerox Corp.’s third-largest shareholder alleges that company CEO Jeff Jacobson pursued a deal with Fujifilm Holdings Corp. that his board neither wanted nor approved, and that Jacobson orchestrated the deal in order to keep his job. Xerox officials have denied that claim. The complaint, filed this week by Darwin Deason, centers ...

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Xerox credit rating downgraded, stock plunges (access required)

Xerox Corp. shares (NYSE: XRX) fell to a near six-year low this week as Moody’s Investors Service downgraded the document ...