A class action lawsuit filed on July 29, 2026, alleges the company made false or misleading statements about its enterprise AI initiatives and business outlook. This creates legal costs, management distraction, and potential reputational damage that could impact investor and customer confidence.
Filing excerpt
On July 29, 2026, we and two of our executive officers were named as defendants in a putative securities class action filed in the United States District Court for the Southern District of New York (Morgan-Reed v. Rackspace Technology, Inc., et al., Case No. 1:26-cv-06491).
What this signalsFilings often name leadership changes, deals and spending plans.
Technologies
sec-10qlitigationMaterialGet every 10-Q signal for Rackspace and the companies you sell to, in the tools you already use.
Connect Autobound to Claude, Claude Code or Cursor with MCP. Then ask: “What changed at Rackspace this week?”
The Signal API returns 10-Q signals for any list of companies as JSON, for your CRM, warehouse or app.
Sign up and spend your free credits on the companies you sell to.
This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/c479ae8d-c428-4838-990b-69528462d89a returns this record as JSON. POST /v1/companies/enrich returns every signal for rackspace.com.
{
"signal_id": "c479ae8d-c428-4838-990b-69528462d89a",
"signal_type": "sec-10q",
"signal_subtype": "litigationMaterial",
"detected_at": "2026-08-11T08:07:45.803+00:00",
"company": {
"name": "Rackspace",
"domain": "rackspace.com"
},
"data": {
"detail": "A class action lawsuit filed on July 29, 2026, alleges the company made false or misleading statements about its enterprise AI initiatives and business outlook. This creates legal costs, management distraction, and potential reputational damage that could impact investor and customer confidence.",
"metrics": {
"timeframe": "current_quarter",
"dollar_context": "The complaint seeks unspecified compensatory damages."
},
"summary": "Rackspace faces securities class action lawsuit filed July 29 over enterprise AI statements.",
"excerpts": "On July 29, 2026, we and two of our executive officers were named as defendants in a putative securities class action filed in the United States District Court for the Southern District of New York (Morgan-Reed v. Rackspace Technology, Inc., et al., Case No. 1:26-cv-06491).",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/1810019/000181001926000093/rxt-20260630.htm",
"filing_date": "2026-08-10",
"filing_year": 2026,
"fiscal_year": 0,
"fiscal_year_end": "06/30",
"sales_relevance": "Legal tech opportunity",
"signal_category": "risk",
"technologies_mentioned": [
"AI"
]
}
}
curl https://signals.autobound.ai/v1/signals/c479ae8d-c428-4838-990b-69528462d89a \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"rackspace.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.