Security Investigation
DXC Technology Company (NYSE: DXC)
20 Days left to seek lead plaintiff status.
Contact a Lawyer Now
Kahn Swick & Foti, LLC (“KSF”) and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until October 1, 2024 to file lead plaintiff applications in a securities class action lawsuit against DXC Technology Company (NYSE: DXC).
DXC and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 16, 2024, the Company announced its results for the fourth quarter and full year for 2024, disclosing that “the previous restructurings did not set a real, clean, solid, fully integrated baseline for profitable growth” and that the Company was undertaking a “real reset” from the “bottom up” requiring an additional $250 million on increased restructuring expenses.
On this news, the price of DXC shares fell $3.36 per share, or nearly 17%, from a closing price of $19.88 per share on May 16, 2024, to a closing price of $16.52 per share on May 17, 2024.
If you purchased shares of DXC and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or fill out the form on this page.
The case is Roofers’ Pension Fund v. DXC Technology Company, No. 24-cv-1351.