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DXC Technology Company Sued for Securities Law Violations – Investors Should Contact The Gross Law Firm for More Information – DXC
GlobeNewswire News Room· 2024-08-21 17:28
NEW YORK, Aug. 21, 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=96741&from=3 CLASS PERIOD: May 26, 2021 ...
DXC Technology Company Securities Fraud Class Action Lawsuit Pending: Contact Levi & Korsinsky Before October 1, 2024 to Discuss Your Rights – DXC
GlobeNewswire News Room· 2024-08-19 16:58
NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in DXC Technology Company ("DXC Technology" or the "Company") (NYSE: DXC) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of DXC Technology investors who were adversely affected by alleged securities fraud between May 26, 2021 and May 16, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/dxc-technology-l ...
Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against DXC Technology Company (DXC)
GlobeNewswire News Room· 2024-08-19 16:00
Core Viewpoint - The article discusses a class action lawsuit against DXC Technology Company, highlighting significant stock price declines due to disappointing financial results and management issues, with a deadline for investors to file a lead plaintiff motion by October 1, 2024 [1][8]. Financial Performance - On August 3, 2022, DXC reported disappointing financial results for Q1 FY2023, leading to a stock price drop of $5.37, or 17%, closing at $26.15 per share [3]. - Following the announcement of the CEO's sudden departure on December 20, 2023, DXC's stock fell by $3.04, or 12.1%, to close at $21.99 per share [4]. - On May 16, 2024, the new CEO revealed that previous restructuring efforts were inadequate, requiring an additional $250 million for proper integration, resulting in a stock price decline of $3.36, or 16.9%, to close at $16.52 per share [5]. Allegations in Class Action - The class action complaint alleges that during the Class Period, DXC's management made materially false and misleading statements and failed to disclose adverse facts about the company's operations and prospects [6]. - Specifically, it is claimed that the company deferred necessary costs related to restructuring and transformation, misleading investors about the company's true financial health [6].
DXC Technology Awarded on Forbes list of World's Best Management Consulting Firms 2024
Prnewswire· 2024-08-19 12:30
ASHBURN, Va., Aug. 19, 2024 /PRNewswire/ - DXC Technology (NYSE: DXC), a leading global technology services provider, has been awarded on the Forbes list of the World's Best Management Consulting Firms 2024. This prestigious award is presented by Forbes and Statista Inc., the leading statistics portal and industry ranking provider. The award list was announced on August 13th, 2024, and can be viewed on the Forbes website. Consulting is considered to be one of the most advanced areas in the professional serv ...
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].