Rosen Law Firm has reminded investors who purchased Rackspace Technology, Inc. securities between May 7, 2026, and July 8, 2026, inclusive, of a September 28, 2026, deadline to seek appointment as lead plaintiff in a securities class action. The lawsuit alleges Rackspace failed to disclose that its enterprise AI efforts would require significant capacity and capital to be redirected from its profitable Private Cloud segment, while Public Cloud revenue was declining as customers contracted directly with hyperscale cloud platforms. The complaint further alleges Rackspace was likely to reduce a material portion of its Public Cloud infrastructure resale business, which would significantly affect fiscal 2026 revenue. A class action has been filed, but no class has been certified and the allegations have not been established in court. Investors may join the action or remain absent class members, and serving as lead plaintiff is not required to share in any potential recovery.