INTRODUCTON TO THE DXC TECHNOLOGY CLASS ACTION LAWSUITThe DXC Technology class action lawsuit, captioned Roofers' Pension Fund v. DXC Technology Company, No. 24-cv-01351 (E.D. Va.), aims to represent investors who purchased or acquired DXC Technology Company (NYSE: DXC) common stock between May 26, 2021, and May 16, 2024 (the "Class Period"). This securities class action alleges that DXC Technology and certain of its top current and former executives violated provisions of the Securities Exchange Act of 1934. If you suffered financial losses due to investments in DXC Technology stock during the specified Class Period, you may be eligible to participate in this DXC Technology class action lawsuit. Contacting an experienced securities litigation attorney like Timothy L. Miles can help you understand your rights as a shareholder and explore potential legal remedies. (855) 846-6529 or [email protected]. Read on to familiarize yourself with six principles that every DXC Technology shareholder should cognize in the DXC Technology class action lawsuit. what is the Lead Plaintiff Deadline and its ImportanceInvestors who purchased DXC Technology common stock during the Class Period and suffered losses may be eligible to seek appointment as the lead plaintiff in the DXC Technology class action lawsuit. The lead plaintiff deadline for filing a motion to be appointed as the lead plaintiff is October 1, 2024. To be eligible for appointment as the lead plaintiff, an investor must meet specific criteria, including purchasing or acquiring DXC Technology common stock during the Class Period and suffering financial losses as a result of the alleged securities fraud. what is the Lead Plaintiff Process and Responsibilities?The lead plaintiff process in the DXC Technology class action lawsuit is governed by the Private Securities Litigation Reform Act of 1995 (PSLRA). Under this Act, any investor who purchased and suffered losses in DXC Technology stock may seek appointment as the lead plaintiff.
CAN A NON-U.S. INVESTOR SERVE AS LEAD PLAINTIFF IN THE dxc technology CLASS ACTION LAWSUIT?Yes, courts in the U.S. have consistently recognized that non-U.S. investors, many of whom have substantial holdings, are adequate lead plaintiffs and have the same right to move for lead plaintiffs as U.S. investors. Thus, if a non-U.S. investor suffered losses in DXC Technology stock, they may move the Court to be appointed lead plaintiff in the DXC Technology class action lawsuit. what are the THE BENEFITS OF SERVING AS A LEAD PLAINTIFF IN THE DXC Technology CLASS ACTION LAWSUIT
what are THE RESPONSIBILITIES THE LEAD PLAINTIFF WILL HAVE IN THE DXC Technology CLASS ACTION LAWSUIT?
WILL THE LEAD PLAINTIFFS GET MORE MONEY THAN CLASS MEMBERS IF THE DXC TECHNOLOGY CLASS ACTION LAWSUIT SETTLES?No, but they may be entitled to recover their reasonable expenses incurred with are directly related to representing the class in the DXC Technology class action lawsuit. Under the PSLRA, a Lead Plaintiff is only entitled to his or her pro rata share of any recovery and does not receive any additional money for serving as a representative party on behalf of the class. However, a court, in its discretion, may approve an award of “reasonable costs and expenses (including lost wages)” to a Lead Plaintiff that directly relates to the representation of the class in the DXC Technology class action lawsuit on behalf of investors who suffered losses in DXC Technology stock. CONTACT DXC Technology STOCK LOSS LAWYER TODAY TIMOTHY L MILES TODAY ABOUT A DXC Technology CLASS ACTION LAWSUITIf you suffered losses in DXC Technology stock, contact DXC Technology stock loss lawyer Timothy L. Miles today for a free case evaluation about a DXC Technology class action lawsuit. Call today and see what a DXC Technology stock loss lawyer could do for you if you suffered losses in DXC Technology stock. This will most likely be the only call you need to make. (855) 846–6529 or [email protected]. The Law Offices of Timothy L. Miles Tapestry at Brentwood Town Center 300 Centerview Dr., #247 Brentwood, TN 37027 Phone: (855) 846–6529 Email: [email protected] DXC Technology stock loss lawyer Timothy L. Miles Nashville attorney Timothy L. Miles is a nationally recognized shareholder rights attorney raised in Nashville, Tennessee. Mr. Miles has dedicated his career to representing shareholders, employees, and consumers in complex class-action litigation. Whether serving as lead, co-lead, or liaison counsel, Mr. Miles has helped recover hundreds of millions of dollars for defrauded investors, shaped precedent-setting decisions, and delivered real corporate governance reforms. Judges and peers have repeatedly recognized Mr. Miles’ relentless advocacy for the underdog, as well as his unbendable ethical standards. Mr. Miles was recently selected by Martindale-Hubbell® and ALM as a 2022 Top Ranked Lawyer, 2022 Top Rated Litigator. and a 2022 Elite Lawyer of the South. Mr. Miles also maintains the AV Preeminent Rating by Martindale-Hubbell®, their highest rating for both legal ability and ethics. Mr. Miles is a member of the prestigious Top 100 Civil Plaintiff Trial Lawyers: The National Trial Lawyers Association,Class Action: Class Action: Top National Trial Lawyers, National Trial Lawyers Association (2023), a superb rated attorney by Avvo, a recipient of the Lifetime Achievement Award by Premier Lawyers of America (2019) and recognized as a Distinguished Lawyer, Recognizing Excellence in Securities Law, by Lawyers of Distinction (2019); a Top Rated Litigator by Martindale-Hubbell® and ALM (2019-2022); America’s Most Honored Lawyers 2020 – Top 1% by America’s Most Honored (2020-2022). Mr. Miles has published over sixty articles on various issues of the law, including class actions, whistleblower cases, products liability, civil procedure, derivative actions, corporate takeover litigation, corporate formation, mass torts, dangerous drugs, and more. Please visit our website or call for free anytime. Comments are closed.
|
AuthorTimothy L. Miles Archives
September 2024
Categories
All
|
Hours |
|