DXC Investors Have Opportunity to Lead DXC Technology Company Securities Fraud Lawsuit

NEW YORK, Aug. 6, 2024 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces that a shareholder filed a class action on behalf of purchasers and acquirers of common stock of DXC Technology Company (NYSE: DXC) between May 26, 2021 and May 16, 2024, both dates inclusive (the “Class Period”). DXC is an information technology services and consulting company. A class action has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 1, 2024.

If you purchased DXC securities 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.

For more information, submit a form, email attorney Phillip Kim, or give us a call at 866-767-3653.

Details of the case: According to the lawsuit, during the Class Period, defendants made numerous materially false and misleading statements and omissions concerning DXC’s ability to integrate previously acquired companies and business systems, as well as their efforts to reduce the Company’s restructuring costs. Specifically, Defendants repeatedly touted the progress of DXC’s “transformation journey,” and assured investors that their efforts to reduce restructuring costs were successful and were “all sustainable and a result of the operational work we are doing.” As a result of these misrepresentations, the price of DXC common stock traded at artificially inflated prices throughout the Class Period. When the true details entered the market, the lawsuit claims that investors suffered damages.

What Now: You may be eligible to participate in the class action against DXC. Shareholders who want to serve as lead plaintiff for the class must file their motions with the court by October 1, 2024. A lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Rosen Law: Some law firms issuing releases about this matter do not actually litigate securities class actions; Rosen Law Firm does. A recognized leader in shareholder rights litigation, the attorneys and staff of Rosen Law Firm have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing. Since our inception, we have obtained over $1 billion for shareholders.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/dxc-investors-have-opportunity-to-lead-dxc-technology-company-securities-fraud-lawsuit-302215777.html

SOURCE THE ROSEN LAW FIRM, P. A.