Case: DXC Technology Company
Venue: Eastern District of Virginia
Class Period: 2/8/2018 - 11/6/2018
Lead Plaintiff Deadline: 2/25/2019
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NEW YORK, NY – January 8, 2019 – Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) is investigating claims on behalf of investors of DXC Technology Company (“DXC Technology” or the “Company”) (NYSE: DXC).  Investors who purchased DXC Technology common stock between February 8, 2018 and November 6, 2018, inclusive (the “Class Period”) may be affected.  A complaint has been filed in the United States District Court for the Eastern District of Virginia against DXC Technology,  J. Michael Lawrie, the Company’s CEO, and Paul N. Saleh, the Company’s CFO, on behalf of investors in DXC Technology common stock during the Class Period.

According to the complaint, on October 24, 2018, The Register published an article discussing the surprise firing of Karan Puri, who headed the Company’s Americas sales force, due to a sharp double digit decline in the region’s revenue. The article also suggested that an internal Company source had indicated that DXC Technology had been struggling to efficiently serve the demand from its customers.

Following this news, the price of DXC Technology’s common stock fell $14.31 per share, over 16%, to close at $73.25 per share on October 24, 2018.

Then, on November 6, 2018, after the market closed, the Company reported its second quarter 2019 financial results, and that the Company would reduce its fiscal year 2019 outlook by $800 million.

Following this news, the price of DXC Technology’s common stock fell $9 per share, or about 12.5%, to close at $63.21 per share on November 7, 2018.

If you are a member of the proposed Class, you may move the court no later than February 25, 2019 to serve as a lead plaintiff for the purported class.  You need not seek to become a lead plaintiff in order to share in any possible recovery.  If you would like to discuss the complaint or our investigation, please contact us by emailing This e-mail address is being protected from spambots. You need JavaScript enabled to view it or by calling 800-290-1952.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Kaplan Fox & Kilsheimer LLP, with offices in New York, San Francisco, Los Angeles, Chicago and New Jersey, has many years of experience in prosecuting investor class actions. For more information about Kaplan Fox & Kilsheimer LLP, you may visit our website at www.kaplanfox.com.  If you have any questions about this Notice, the action, your rights, or your interests, please contact: 

Jeffrey P. Campisi
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, New York 10022
(800) 290-1952
(212) 687-1980
Fax: (212) 687-7714
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Laurence D. King
KAPLAN FOX & KILSHEIMER LLP
350 Sansome Street, Suite 400 
San Francisco, California  94104
(415) 772-4700
Fax:  (415) 772-4707
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