ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages Rackspace Technology, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – RXT

Rosen Law Firm has filed a class action lawsuit against Rackspace Technology, Inc. (NASDAQ: RXT) on behalf of investors who purchased securities between May 7, 2026 and July 8, 2026. The lawsuit alleges that Rackspace made false and misleading statements regarding its enterprise AI efforts, declining Public Cloud revenue, and the impact on fiscal year 2026 revenue. Investors who wish to serve as lead plaintiff must file by September 28, 2026.