Investor Alert

New York Markets Open in:

July 6, 2020, 8:46 p.m. EDT

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of DXC Technology Company - DXC

Watchlist Relevance

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    DXC Technology Co. (DXC)

or Cancel Already have a watchlist? Log In

NEW YORK, Jul 6, 2020 (Canada NewsWire via COMTEX) -- Pomerantz LLP is investigating claims on behalf of investors of DXC Technology Company ("DXC" or the "Company") /zigman2/quotes/200279350/composite DXC +4.93% . Such investors are advised to contact Robert S. Willoughby at rswilloughby@pomlaw.com or 888-476-6529, ext. 7980.

The investigation concerns whether DXC and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

[Click here for information about joining the class action]

On July 5, 2020, DXC disclosed that "certain systems of its subsidiary, Xchanging, have experienced a ransomware attack." While DXC advised that it "is confident that this incident is isolated to the Xchanging environment" and that "DXC does not have any indication at this time that data has been compromised or lost," the Company also stated that it had "implemented a series of containment and remediation measures to resolve this situation" and that "DXC is actively working with affected customers to restore access to their operating environment as quickly as possible." Following the announcement, DXC's stock price fell sharply during intraday trading on July 6, 2020.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com .

CONTACT:Robert S. WilloughbyPomerantz LLPrswilloughby@pomlaw.com888-476-6529 ext. 7980

View original content: http://www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-dxc-technology-company---dxc-301088741.html

SOURCE Pomerantz LLP

View original content: http://www.newswire.ca/en/releases/archive/July2020/06/c8459.html

SOURCE: Pomerantz LLP

SOURCE: DXC Technology Company


Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

Copyright (C) 2020 CNW Group. All rights reserved.

$ 35.51
+1.67 +4.93%
Volume: 2.60M
May 13, 2021 4:02p
P/E Ratio
Dividend Yield
Market Cap
$8.62 billion
Rev. per Employee

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.