Rosen Law Firm, a global investor rights law firm, announces the filing
of a class action lawsuit on behalf of purchasers of the securities of
DXC Technology Company (NYSE:DXC) from February 8, 2018 through November
6, 2018, inclusive (the "Class Period"). The lawsuit seeks to recover
damages for DXC Technology investors under the federal securities laws.
To join the DXC Technology class action, go to https://www.rosenlegal.com/cases-1488.html
or call Phillip Kim, Esq. or Zachary Halper, Esq. toll-free at
866-767-3653 or email firstname.lastname@example.org
for information on the class action.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS
CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU
MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS
MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN
ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD
According to the lawsuit, defendants throughout the Class Period made
false and/or misleading statements and/or failed to disclose that: (1)
DXC Technology had already changed the operations of its sales staff,
deploying generalized sales teams as opposed to the specialized teams
that were better capable of elivering specialized services to its
clients; (2) DXC Technology's workforce optimization strategy of sharply
reducing staff while reducing costs was resulting in a shortage of sales
personnel who could execute on demand for services, thereby risking and
ultimately losing sales and revenue opportunities; (3) in light of the
above, DXC Technology's revenue and financial performance guidance for
full year 2019 and reaffirmation of the guidance during the Class Period
was without a reasonable basis; and (4) as a result, DXC Technology's
public statements were materially false and misleading at all relevant
times. When the true details entered the market, the lawsuit claims that
investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as
lead plaintiff, you must move the Court no later than February 25, 2019.
A lead plaintiff is a representative party acting on behalf of other
class members in directing the litigation. If you wish to join the
litigation, go to https://www.rosenlegal.com/cases-1488.html
or to discuss your rights or interests regarding this class action,
please contact Phillip Kim, Esq. or Zachary Halper, Esq. of Rosen Law
Firm toll free at 866-767-3653 or via e-mail at email@example.com
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Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class
Action Services for number of securities class action settlements in
2017. The firm has been ranked in the top 3 each year since 2013.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190107006087/en/
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