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PR inside: Lifshitz Law PLLC Announces Investigations of Rackspace Technology, ...

(PR-inside.com) NEW YORK CITY, NY / ACCESS Newswire / October 3, 2026 / Lifshitz Law Firm

Rackspace Technology, Inc. (NASDAQ:RXT)

Lifshitz Law PLLC announces investigation into possible securities laws violations and/or breaches of fiduciary duties in connection with allegations that the Company made false and/or misleading statements and/or failed to disclose that: (i) the Company's enterprise AI efforts would require Rackspace to significantly re-prioritize its capacity and capital away from the profitable Private Cloud segment; (ii) Rackspace's Public Cloud revenue was declining as customers contracted directly with hyperscale cloud platforms; (iii) as a result, Rackspace was likely to significantly reduce a material portion ..

https://reports.pr-inside.com/lifshitz- ... 229895.htm
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