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Law Offices of Howard G. Smith Announces the Filing of a Securities Class Action on Behalf of DXC Technology Company Investors (DXC)Law Offices of Howard G. Smith announces that a class action lawsuit has been filed on behalf of investors that acquired DXC Technology Company ("DXC" or the "Company") (NYSE: DXC) securities between February 8, 2018 and November 6, 2018, inclusive (the "Class Period"). DXC investors have until February 25, 2019 to file a lead plaintiff motion. On November 6, 2018, DXC announced that it would be reducing its 2019 revenue projection by over $800 million. This announcement followed news on October 24, 2018 that DXC had earlier that month laid off the head of sales force for the Americas, along with further recent layoffs of senior management amid loss of forecasted revenue and customer contracts. On this news, DXC's share price fell $9.00 per share, or more than 12%, to close at $63.21 per share on November 7, 2018, thereby injuring investors.
If you purchased shares of DXC, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to [email protected], or visit our website at www.howardsmithlaw.com. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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