Scott+Scott Attorneys at Law LLP Investigating DXC Technology Company’s Directors and Officers for Breach of Fiduciary Duties – DXC

Scott+Scott Attorneys at Law LLP Investigating DXC Technology Company’s Directors and Officers for Breach of Fiduciary Duties – DXC

5 years ago
Anonymous $fWzGa1uP8i

https://www.businesswire.com/news/home/20190411005697/en/

NEW YORK--(BUSINESS WIRE)--Apr 11, 2019--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, is investigating whether certain directors and officers of DXC Technology Company (“DXC” or the “Company”) (NYSE:DXC) breached their fiduciary duties to the Company and its shareholders. If you are a DXC shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982.

Scott+Scott is investigating whether members of DXC’s board of directors made or allowed DXC to make false and/or misleading statements and/or failed to disclose that: (i) the Company had already changed the operations of its sales staff, deploying generalized sales teams as opposed to the specialized teams that were better capable of delivering specialized services to its clients; (ii) the Company’s workforce optimization strategy of sharply reducing staff while reducing costs was resulting in a shortage of sales personnel who could execute on demand for services, thereby risking and ultimately losing sales and revenue opportunities; (iii) in light of the above, the Company’s revenue and financial performance guidance for full year 2019 and reaffirmation of the guidance during the relevant period was without a reasonable basis; and (iv) as a result, the Company’s public statements were materially false and misleading at all relevant times.