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DXC DEADLINE TOMORROW: ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages DXC Technology Company Investors with Losses in Excess of $100K to Secure Counsel Before Important October 1 Deadline in Securities Class Action – DXC
DXC TechnologyDXC Technology(US:DXC) GlobeNewswire News Room·2024-09-30 22:51

Core Viewpoint - Rosen Law Firm is reminding investors who purchased common stock of DXC Technology Company between May 26, 2021, and May 16, 2024, about the upcoming lead plaintiff deadline on October 1, 2024, for a class action lawsuit [1]. Group 1: Class Action Details - Investors who bought DXC common stock during the specified Class Period may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court to serve as lead plaintiff by October 1, 2024 [2]. - The Rosen Law Firm emphasizes the importance of selecting qualified legal counsel with a successful track record in securities class actions [3]. Group 2: Case Background - The lawsuit alleges that during the Class Period, defendants made materially false and misleading statements regarding DXC's ability to integrate acquired companies and reduce restructuring costs [4]. - Defendants claimed progress in DXC's "transformation journey" and assured investors of successful cost reductions, leading to artificially inflated stock prices [4]. - The lawsuit contends that when the true information became public, investors suffered damages due to these misrepresentations [4].