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: Allegations - The complaint alleges that DXC Technology 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: Shareholder Actions - Shareholders who purchased DXC shares during the specified class period are encouraged to register for the class action and may seek lead plaintiff status by the deadline of October 1, 2024 [2] - Once registered, shareholders will receive updates through a portfolio monitoring software regarding the case's progress [2] Group 3: Law Firm Background - The Gross Law Firm is a nationally recognized class action law firm dedicated 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 Class Action: The Gross Law Firm Reminds DXC Technology Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of October 1, 2024 - DXC