LOS ANGELES, Aug. 14, 2024 (GLOBE NEWSWIRE) — The Schall Law Firm, a national shareholder rights litigation law firm, notifies investors of a class action lawsuit filed against DXC Technology Company (“DXC” or the “Company”) (NYSE: DXC) for violations of Sections 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.
Investors who purchased the Company's securities between May 26, 2021 and May 16, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before October 1, 2024.
If you are a shareholder who suffered a loss, please click here to participate.
You can also contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge, or you can contact the firm through our website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification is done, you are not represented by an attorney. If you choose to do nothing, you may remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market: DXC failed to disclose that it had reduced restructuring, integration and other expenses by simply postponing them; the Company will ultimately need to incur these expenses in order to implement the restructuring plan that it asserted was successful during the Class Period; Based on these facts, the Company's public statements during the Class Period were false and materially misleading. When the market learned the truth about DXC, investors suffered damages.
Join the lawsuit to recover your losses.
The Schall Law Firm represents investors throughout the world and specializes in securities class action lawsuits and shareholder rights litigation.
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