NEW YORK, Aug. 19, 2024 (GLOBE NEWSWIRE) — Levi & Korsinsky, LLP has notified investors of DXC Technology Company (“DXC Technology” or the “Company”) (NYSE: DXC) of a class action securities lawsuit.
Class Definition: This lawsuit seeks to recover losses on behalf of DXC Technology investors who were adversely affected by the alleged securities fraud between May 26, 2021 and May 16, 2024. To obtain more information and to have a member of our team contact you, please click on the link below.
DXC investors may contact Attorney Joseph E. Levi by email at [email protected] or by telephone at (212) 363-7500.
DETAILS OF THE CASE: The complaint alleges that Defendants made false statements and/or concealed the following: 1) the Company misrepresented its ongoing “transformation journey” and its ability to integrate previously acquired companies and business systems; 2) DXC reduced restructuring, integration, and other costs by simply postponing them; and 3) despite the Company's touting its continuing success in implementing integrations and repeatedly emphasizing its efforts to reduce costs, Defendants knew or recklessly disregarded that the Company could reduce restructuring and TSI costs only by limiting its integration efforts.
If you suffered a loss in DXC Technology during the applicable period, you may ask the Court to appoint you as lead plaintiff until October 1, 2024. You do not have to serve as lead plaintiff to receive your share of the recovery.
NO COST: If you are a class member, you may be entitled to compensation without paying any out-of-pocket expenses or fees. There is no cost or obligation to join.
Why choose Levi Korsinski: Over the past two decades, the team at Levi Korsinski has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-value litigation. The firm has extensive expertise representing investors in complex securities litigation and a team of more than 70 employees to serve clients. For the seventh consecutive year, Levi Korsinski has been ranked one of the top securities litigation firms in the United States in the ISS Securities Class Action Services Top 50 Report.
contact:
Levy & Korsinski LLP
Joseph E. Levy
Ed Korsinski
33 Whitehall Street, 17th Floor
New York, NY 10004
inquiry
Phone: (212) 363-7500
Fax: (212) 363-7171
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