Kaplan Fox & Kilsheimer LLP Reminds Rackspace Technology, Inc. (RXT) Investors of a Pending Securities Class Action With a September 28, 2026 Deadline

Kaplan Fox & Kilsheimer LLP is reminding investors of Rackspace Technology, Inc. (NASDAQ: RXT) about a pending securities class action with a deadline of September 28, 2026, to move the court to serve as a lead plaintiff. The lawsuit alleges that Rackspace made false and misleading statements during the Class Period (May 7, 2026, to July 8, 2026) by failing to disclose that its enterprise AI efforts would require reprioritization of capacity and capital away from the profitable Private Cloud segment. The complaint also states that Rackspace's Public Cloud revenue was declining, leading to a likely significant reduction in its Public Cloud infrastructure resale business, which would materially impact fiscal year 2026 revenue. Investors who purchased Rackspace securities during the Class Period and suffered losses are encouraged to contact Kaplan Fox & Kilsheimer LLP.