DXC TECHNOLOGY CLASS ACTION LAWSUIT: THE PREEMINENT INVESTOR GUIDE

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INTRODUCTION TO THE DXC TECHNOLOGY CLASs ACTION LAWSUIT

Give Timothy L. Miles a call today for a free case evaluation in the DXC Technology class action lawsuit

The DXC Technology class action lawsuit seeks to represent purchasers or acquirers of DXC Technology Company (NYSE: DXC) publicly traded securities between May 26, 2021 and May 16, 2024, inclusive (the “Class Period).  Captioned Roofers’ Pension Fund v. DXC Technology Company, No. 24-cv-01351 (E.D. Va.), the DXC Technology class action lawsuit charges DXC Technology and certain of DXC Technology’s top current and former executives with violations of the Securities Exchange Act of 1934.

If you have suffered losses in DXC Technology stock and are interested in becoming the lead plaintiff in the DXC Technology lawsuit or have any inquiries regarding your rights as a shareholder, please reach out to DXC Technology Stock Loss Lawyer Timothy L. Miles at no cost.  You can contact him by calling 855/846-6529, sending an e-mail to [email protected], or filling out a contact form. 

Lead plaintiff motions for the DXC Technology class action lawsuit must be filed with the court no later than October 1, 2024.

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allegations in the DXC Technology CLASS ACTION lawsuit

The DXC Technology class action lawsuit contends that the defendants made false and misleading statements or failed to disclose crucial information about the company's business, operations, and financial condition during the Class Period. Specifically, the complaint alleges that DXC Technology:

• Misrepresented its progress in implementing a company-wide "transformation" by understating the true extent of restructuring, transaction, separation, and integration costs during the Class Period.
• Deferred costs that the company would ultimately need to incur to successfully complete the restructuring process, contrary to claims of effectively addressing these challenges.

Revelations that Allegedly Impacted DXC Technology's Stock Price

​According to the DXC Technology class action lawsuit, several events and disclosures allegedly caused significant declines in the company's stock price, revealing the purported misrepresentations and omissions:
August 3, 2022: 

• DXC Technology acknowledged that its "cost optimization efforts have moved at a slower pace than anticipated as we were thoughtfully building our plan." Following this revelation, the company's stock price allegedly fell more than 17%.

December 20, 2023: 

• DXC Technology reiterated that its "cost optimization efforts have moved at a slower pace than anticipated as we were thoughtfully building our plan." The complaint alleges that this news further impacted the company's stock price.

May 16, 2024: 

• DXC Technology's new CEO stated that previous restructurings did not establish a "real, clean, solid, fully integrated baseline for profitable growth" due to unintegrated systems and processes. The complaint asserts that this disclosure caused the company's stock price to decline nearly 17%.

THE LEAD PLAINTIFF DEADLINE IN THE CLASS ACTION against DXC Technology

​Lead plaintiff motions for the DXC Technology class action lawsuit ​must be filed with the court no later than October 1, 2024.​ When a securities class action is filed such as the DXC Technology class action:

1. The person who files the first complaint is required to publish a notice announcing the filing.
2. Anyone who wants to be lead plaintiff on behalf of the class must thereafter file a motion to be appointed as lead plaintiff(s) no later than 60 days after the notice was published. 

YOU HAVE TWO CHOICES IF YOU RECEIVE A NOTICE IN THE DXC Technology CLASS ACTION LAWSUIT

​First, read the notice very carefully.  You have two choices. 

• First, you can do nothing and remain a member of the class represented by lead counsel. 
  
• Second, if you believe you have a large enough loss to justify it, you can opt out of the DXC Technology class action lawsuit and file your own separate lawsuit.
  

​Note, that if you opt-out, you will not be able to participate in any settlement or recovery obtained in the DXC Technology class action lawsuit. 

THE LEAD PLAINTIFF PROCESS IN THE DXC Technology class action LAWSUIT

Give DXC Technology stock loss lawyer Timothy L. Miles a call today about the DXC Technology class action lawsuit

Under the Private Securities Litigation Reform Act of 1995 (PSLRA):

• Any investor who purchased and suffered losses in DXC Technology stock may seek appointment as lead plaintiff in the DXC Technology class action​ lawsuit.
• A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. 
• A lead plaintiff acts on behalf of all other class members in directing the class action lawsuit.
• The lead plaintiff can select a law firm of its choice to litigate the securities class action lawsuit. 
• An investor’s ability to share in any potential future recovery of the class action lawsuit is not dependent upon serving as lead plaintiff. 

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THE BENEFITS OF SERVING AS A LEAD PLAINTIFF IN THE DXC Technology CLASS ACTION LAWSUIT

1. Negotiating more competitive attorney fees and reducing litigation costs.
2. Managing the litigation by overseeing the progress of the case and reviewing important filings.
3. Participating in mediation and settlement discussions.
4. Having a voice in decision-making processes regarding the settlement.
5. No financial risk, as lead counsel covers all costs and expenses and are paid only if they secure a  settlement or judgment recovery for the class
6. Potentially enjoying long-term benefits from governance reform resulting from the litigation.

THE RESPONSIBILITIES THE LEAD PLAINTIFF WILL HAVE IN THE DXC Technology CLASS ACTION LAWSUIT

1. Selecting, monitoring, and overseeing Lead Counsel.
2. Reviewing and commenting on court filings on behalf of the class.
3. Discussing litigation strategies with the Lead Counsel.
4. Attending depositions (if necessary) and giving a deposition.
5. Attending hearings (if necessary).
6. Participating in mediation and the trial (if necessary).
7. Provide input on any decision concerning the settlement of the securities class action.

ELIGIBILITY CRITERIA FOR LEAD PLAINTIFF APPOINTMENT IN THE DXC Technology CLASS ACTION LAWSUIT

To be eligible for appointment as the lead plaintiff in the DXC class action lawsuit, an investor must meet the following criteria:

1. Securities Acquisition: The investor must have purchased or acquired DXC securities during the Class Period, spanning May 26, 2021, to May 16, 2024.
2. Financial Losses: The investor must have suffered financial losses as a direct result of the alleged securities fraud perpetrated by DXC and its executives.
3. Typicality and Adequacy: The investor's legal claims must be typical of those asserted on behalf of the class, and they must demonstrate their ability to adequately represent the interests of the entire class through experience, resources, and the absence of conflicts of interest.

It is crucial to note that both domestic and international investors who meet these criteria are eligible to seek appointment as the lead plaintiff in the DXC class action lawsuit, as courts have consistently recognized the rights of non-U.S. investors in securities class actions.

LEGAL REQUIREMENTS FOR PREVAILING IN THE DXC Technology CLASS ACTION LAWSUIT

1. ​Material Misrepresentation or Omission
2. Scienter
3. Connection to Securities Transaction
4. Reliance
5. Economic Loss
6. Loss Causation

STAGES OF THE CLASS ACTION AGAINST DXC Technology

1. Consolidation and Lead Plaintiff Appointment
2. Filing of Consolidated Complaint
3. Motion to Dismiss
4. Class Certification
5. Discovery
6. Settlement Negotiations and Mediation
7. Summary Judgment Motions
8. Trial
9. Appeals

CONTINGENCY FEE ARRANGEMENTS AND COST CONSIDERATIONS

If you suffered losses in DXC Technology stock, call Timothy L. Miles today for a free case evaluation

• Many securities litigation attorneys, including Timothy L. Miles, operate on a contingency fee basis, which means clients do not pay any upfront fees or costs. Instead, the attorney's fees and expenses are deducted from any settlement or judgment recovered on behalf of the class, typically as a court-approved percentage of the total recovery.

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This arrangement ensures that investors can pursue their legal rights without bearing the financial burden of costly litigation, as the attorneys assume the risk and only receive compensation if they achieve a successful outcome for the class.

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FREQUENTLY ASKED QUESTIONS

Can I serve as a lead plaintiff in the class action against DXC Technology if I purchases shares outside of the class period?

​​No.  Even if you suffered losses in DXC Technology​​​ stock, if you purchased securities outside of the Class period, you will not be able to participate in the DXC Technology class action lawsuit.

Can I serve as a lead plaintiff in the class action against DXC Technology if I am serving as lead plaintiff in another securities fraud case?

​​​​​Yes, unless you have been a lead plaintiff in more than five securities class actions during any three-year period which is expressly prohibited by the securities laws. Otherwise, if you suffered losses in DXC Technology​ stock, you may move to be appointed lead plaintiff in the DXC Technology class action lawsuit.

Can the court appoint more than one lead plaintiff in the DXC Technology lawsuit?

​​​​Yes, at its discretion the Court may appoint a person, entity, or group of persons and/or entities as Lead Plaintiffs in the DXC Technology class action lawsuit

How do I know if I am a member of the class in the class action against DXC Technology?

​​​If you purchased shares during the class period and suffered losses in DXC Technology stock, then you are most likely a member of the class in the DXC Technology class action ​lawsuit and may participate in the DXC Technology class action ​lawsuit since you suffered losses in DXC Technologystock.

Resources for Investors in the dxc technology Class Action Lawsuit and Othersd Text

• Seeking Alpha
• A Wealth of Common Sense
• Better Investing
• U. S. Securities & Exchange Commission
• Investor.gov
• Yahoo Finance
• Investopedia

CONTACT DXC Technology STOCK LOSS LAWYER TODAY TIMOTHY L MILES TODAY ABOUT A DXC Technology CLASS ACTION LAWSUIT

​If 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]. ​

DXC TECHNOLOOGY CLASS ACTION LAWSUIT
DXC TECHNOLOGY STOCK LOSS LAWYER
TIMOTHY L. MILES
300 CENTERVIEW DR, UNIT 247
BRENTWOOD, TN 27027
​855-846-6528

FREE CASE EVALUATION:
DXC TECHNOLOGY CLASS ACTION LAWSUIT
If you suffered losses in DXC Technology stock, call DXC Technology stock loss lawyer Timothy L. Miles today for a
free case evaluation about a DXC Technology class action lawsuit. 
​855-846-6528​