Saxena White Appointed Lead Counsel in Telos Corporation Securities Class Action

Saxena White P.A. is pleased to announce that on May 4, 2022, the United States District Court for the Eastern District of Virginia appointed Alaska Electrical Pension Fund, International Union of Operating Engineers Local 793 Pension Plan, and the Firemen’s Retirement System of St. Louis to serve as Lead Plaintiffs and Saxena White P.A. as Lead Counsel in the securities fraud class action against Telos Corporation. The action alleges that during the Class Period, Defendants made false and misleading statements regarding its contracts with the Transportation Security Administration (“TSA”) and the Centers for Medicare and Medicaid Services (“CMS”).