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Investors in DXC Technology Company Should Contact The Gross Law Firm Before October 1, 2024 to Discuss Your Rights - DXC
Prnewswire· 2024-08-19 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DXC Technology Company regarding a class action lawsuit alleging that the company made materially false and misleading statements during the class period from May 26, 2021, to May 16, 2024 [1] Group 1 - The allegations include that DXC misrepresented its "transformation journey" and its ability to integrate acquired companies and business systems [1] - It is claimed that DXC reduced costs by deferring restructuring and integration expenses rather than genuinely implementing cost-saving measures [1] - The lawsuit asserts that despite claims of successful integration and cost reduction, the company limited its integration efforts, which contradicts its public statements [1] Group 2 - Shareholders are encouraged to register for the class action by October 1, 2024, to potentially be appointed as lead plaintiffs [2] - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2] - Participation in the case incurs no cost or obligation for the shareholders [2] Group 3 - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and illegal business practices [3] - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [3]
Shareholder Rights Law Firm Robbins LLP Urges DXC Stockholders to Contact the Firm for Information About the DXC Technology Company Class Action
GlobeNewswire News Room· 2024-08-19 03:52
SAN DIEGO, Aug. 18, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of all persons and entities that purchased or otherwise acquired DXC Technology Company (NYSE: DXC) common stock between May 26, 2021 and May 16, 2024. DXC is an information technology ("IT") services and consulting company. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investigating Allegatio ...
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages DXC Technology Company Investors to Secure Counsel Before Important Deadline in Securities Class Action – DXC
GlobeNewswire News Room· 2024-08-17 16:09
NEW YORK, Aug. 17, 2024 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of DXC Technology Company (NYSE: DXC) between May 26, 2021 and May 16, 2024, both dates inclusive (the "Class Period"), of the important October 1, 2024 lead plaintiff deadline. SO WHAT: If you purchased DXC common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT T ...
DXC Technology Company Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - DXC
Prnewswire· 2024-08-16 14:15
LOS ANGELES, Aug. 16, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against DXC Technology Company ("DXC" or "the Company") (NYSE: DXC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Shareholders who purchased shares of DXC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead pla ...
INVESTOR ALERT: Shareholder Class Action Lawsuit Filed Against DXC Technology Company (NYSE: DXC); Investors with Losses Encouraged to Discuss Their Options with Counsel
GlobeNewswire News Room· 2024-08-15 12:00
SAN DIEGO, Aug. 15, 2024 (GLOBE NEWSWIRE) -- A class action lawsuit has been filed on behalf of purchasers or acquirers of DXC Technology Company (NYSE: DXC) ("DXC" or the "Company") common stock between May 26, 2021 and May 16, 2024, inclusive (the "Class Period"), charging the Company and certain current and former senior executives (collectively, "Defendants") with violations of the federal securities laws. DXC investors have until October 1, 2024 to seek appointment as lead plaintiff of the DXC class ac ...
Shareholders that lost money on DXC Technology Company(DXC) Urged to Join Class Action - Contact The Gross Law Firm to Learn More
Prnewswire· 2024-08-15 09:45
Core Viewpoint - The Gross Law Firm has issued a notice to shareholders of DXC Technology Company regarding a class action lawsuit alleging misleading statements and failure to disclose critical information during the class period from May 26, 2021, to May 16, 2024 [1]. Group 1 - The allegations include that DXC misrepresented its "transformation journey" and its ability to integrate acquired companies and business systems [1]. - It is claimed that DXC reduced costs by deferring restructuring and integration expenses rather than genuinely implementing cost-saving measures [1]. - Despite claims of successful integration and cost reduction, the defendants allegedly knew that actual integration efforts were limited, impacting the company's restructuring and TSI costs [1]. Group 2 - Shareholders are encouraged to register for the class action by October 1, 2024, to potentially be appointed as lead plaintiffs [2]. - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2]. - Participation in the case incurs no cost or obligation for the shareholders [2]. Group 3 - The Gross Law Firm is recognized nationally for its commitment to protecting investors' rights against deceit and illegal business practices [3]. - The firm aims to ensure companies adhere to responsible business practices and seeks recovery for investors affected by misleading statements that inflated stock prices [3].
DXC Technology Company Sued for Securities Law Violations - Contact Levi & Korsinsky Before October 1, 2024 to Discuss Your Rights – DXC
GlobeNewswire News Room· 2024-08-14 16:26
Core Viewpoint - A class action securities lawsuit has been filed against DXC Technology, alleging securities fraud that affected investors between May 26, 2021, and May 16, 2024 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that DXC Technology misrepresented its "transformation journey" and its ability to integrate acquired companies and business systems [2]. - It is alleged that the company reduced costs by deferring restructuring and integration expenses rather than genuinely cutting them [2]. - Despite claims of successful integration and cost reduction, the defendants reportedly knew or recklessly disregarded that actual integration efforts were limited [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified timeframe have until October 1, 2024, to request appointment as lead plaintiff, although participation in any recovery does not require this [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and there is no obligation to participate [3]. Group 3: Firm Background - Levi & Korsinsky has a history of securing hundreds of millions of dollars for shareholders and is recognized as one of the top securities litigation firms in the United States [4].
Barrack, Rodos & Bacine Notifies Shareholders of DXC Technology Company (DXC) of a Securities Class Action Lawsuit
GlobeNewswire News Room· 2024-08-14 13:30
Core Viewpoint - A class action lawsuit has been filed against DXC Technology Company for alleged fraud-based violations of federal securities laws, with significant stock price declines noted during the class period from May 26, 2021, to May 16, 2024 [1] Company Overview - DXC Technology Company, founded in 2017, provides information technology services and solutions through two segments: "Global Business Services" and "Global Infrastructure Services" [4] - The company has expanded its capabilities and market reach through several acquisitions since its inception [4] Allegations and Misrepresentation - The lawsuit claims that DXC misrepresented the success of its "transformative journey" and its ability to integrate acquired companies, while simultaneously committing to reduce restructuring and integration costs [4] - It is alleged that the company knew that reducing TSI costs would limit integration efforts, contradicting its public statements about successful integration [4] Market Reactions and Stock Performance - The market reacted negatively to several disclosures, including a 17% drop in stock price on August 3, 2022, following a significant announcement [5] - Further declines occurred after the sudden departure of the CEO on December 2, 2022, and a major admission by the new CEO on May 16, 2024, leading to a 17% drop in stock price [5] Legal Representation - The law firm Barrack, Rodos & Bacine, with extensive experience in securities law class actions, is representing the investors in this case [6]
Poulin I Willey I Anastopoulo Announces Class Action Lawsuit Filed Against DXC Technology Company (DXC)
GlobeNewswire News Room· 2024-08-13 19:43
Charleston, South Carolina, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Poulin | Willey | Anastopoulo, LLC announces that a class action has been filed in the United States District Court for the Eastern District of Virginia on behalf of all persons and entities that purchased the common stock of DXC Technology Company ("DXC" or the "Company") (NYSE:DXC) between May 26, 2021 and May 16, 2024, both dates inclusive (the "Class Period"). DXC is an information technology ("IT") services and consulting company offering a ...
Investors who lost money on DXC Technology Company(DXC) should contact The Gross Law Firm about pending Class Action - DXC
GlobeNewswire News Room· 2024-08-13 16:39
NEW YORK, Aug. 13, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of DXC Technology Company (NYSE: DXC). Shareholders who purchased shares of DXC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/dxc-technology-loss-submission-form/?id=95128&from=3 CLASS PERIOD: May 26, 2021 ...