LOS ANGELES, Aug. 16, 2024 /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against DXC Technology Company ("DXC" or "the Company") (NYSE: DXC) for violations of §§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.
Shareholders who purchased shares of DXC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: May 26, 2021 to May 16, 2024
DEADLINE: October 1, 2024
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. DXC failed to disclose that it had reduced costs such as restructuring and integration by merely deferring them. The Company would ultimately be required to incur these costs to implement the restructuring plan that it claimed was achieving success during the class period. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about DXC, investors suffered damages.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
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