Kahn Swick & Foti, LLC, a law firm based in Louisiana, has issued a shareholder alert for investors who have suffered losses of over $100,000 in DXC Technology. The firm is reminding investors of the lead plaintiff deadline in a class action lawsuit against DXC Tech. The lawsuit alleges that DXC Technology made false and misleading statements about its financial health and business prospects, leading to inflated stock prices.
The former Louisiana Attorney General is urging investors who have suffered losses to contact the firm before the deadline to participate in the class action lawsuit. DXC Technology investors who have lost $100,000 or more are encouraged to join the lawsuit to potentially recoup their losses.
DXC Technology, a global IT services company, has faced challenges in recent years with declining revenue and strategic shifts in its business operations. The lawsuit claims that the company misled investors about its financial situation, causing them to make uninformed investment decisions.
In response to the shareholder alert, DXC Technology has not issued a public statement. The company’s stock price has fluctuated in recent months, reflecting the uncertainty surrounding the class action lawsuit and its potential impact on investors.
Investors who have suffered losses in excess of $100,000 in DXC Technology are urged to contact Kahn Swick & Foti, LLC before the lead plaintiff deadline to participate in the class action lawsuit. The outcome of the lawsuit could have significant implications for DXC Technology and its shareholders.
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