New Orleans, Louisiana – A former Louisiana attorney general, Charles C. Foti, Jr., Esq., has announced that the law firm he founded, Kahn Swick & Foti, LLC, is investigating DXC Technology Company (NYSE: DXC) for potential securities fraud. The investigation is being conducted on behalf of DXC shareholders to determine if the company violated federal securities laws.
The investigation focuses on allegations that DXC may have issued misleading statements regarding its financial performance and business prospects, leading to inflated stock prices. This may have caused harm to shareholders who purchased DXC stock based on false information. DXC’s stock price experienced a significant drop in November 2018, following the release of the company’s financial results.
DXC Technology is a multinational IT services company formed from the merger of Computer Sciences Corporation (CSC) and the Enterprise Services business of Hewlett Packard Enterprise (HPE). The company provides a range of IT services to clients around the world, including consulting, outsourcing, and cloud services.
Shareholders who have suffered losses as a result of investing in DXC stock are encouraged to contact Kahn Swick & Foti, LLC to discuss their legal rights. The law firm specializes in securities litigation and has a track record of successfully representing shareholders in cases of securities fraud.
Investors are advised to be cautious and conduct thorough research before making investment decisions. Due diligence is important in order to protect against potential fraud and misleading information that could lead to financial losses. DXC shareholders should stay informed of any developments in the investigation and seek legal counsel if they believe their rights have been violated.
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