Former Louisiana Attorney General Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC have issued a shareholder alert for shareholders of DXC Technology, warning them of potential legal actions against the company. The alert comes in response to allegations that DXC may have issued misleading statements to investors, causing them to suffer financial losses.
The alert specifically mentions a class action lawsuit filed against DXC, alleging that the company made false and misleading statements about its business and prospects. The lawsuit claims that DXC failed to disclose important information to investors, leading them to believe that the company was performing better than it actually was. When the truth was revealed, DXC’s stock price plummeted, causing significant losses for shareholders.
Shareholders who purchased DXC stock between August 8, 2019, and November 6, 2019, are encouraged to contact the law firm for more information about their rights and options. The law firm is investigating potential claims against DXC on behalf of shareholders who may have been affected by the alleged misconduct.
DXC Technology is a global IT services provider that offers a range of technology solutions to businesses and organizations around the world. The company was formed in 2017 through the merger of Hewlett Packard Enterprise’s services division and Computer Sciences Corporation.
Shareholders who believe they have been harmed by DXC’s actions are advised to seek legal counsel to protect their rights and potentially recover damages. The shareholders’ alert serves as a warning to investors to be cautious and vigilant when investing in companies like DXC Technology, as misleading statements and misconduct can have serious consequences for their financial well-being.
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