Michael has over 20 years of experience representing individual and small business plaintiffs against the world’s large financial institutions, including Visa, Mastercard, and Chase.
Our securities attorneys are investigating possible legal claims on behalf of investors of DXC Technology Company (NYSE: DXC). On August 9, 2019, DXC dropped more than 30% on heavy trading volume after the software company lowered its full-year guidance, the “biggest one-day selloff in 18 years” according to media reports.
Did you lose money on DXC Technology? Speak with our experienced lawyers and see how you may recover your losses.
DXC Technology (NYSE: DXC) Stock Losses?
Suffered DXC stock losses? Contact us for a free and confidential consultation.
DXC Drops More Than 30% on Lowered Guidance
On August 8, 2019, after the market closed, DXC announced it would reduce its estimated earnings for fiscal year 2020, citing restructuring, transaction, separation, and integration-related costs. The company’s CEO stated, “Our revised outlook… reflects the near-term impact from delayed deal closings as well as slippage on a few large transformation milestones.”
Following this news, on August 9, 2019, DXC Technology’s stock price dropped by more than 30% on heavy trading volume, “the biggest one-day selloff in 18 years,” according to MarketWatch.
Our Securities Lawyers Have a Winning Record Against Companies Like DXC Technology
Our securities lawyers have recovered over a billion dollars on behalf of our clients against behemoths, such as Chase Bank, Mastercard, and Anthem Blue Cross Blue Shield. Read more about our results.
You “shouldn’t presume that powerful banks and other powerful interests can just get away with doing bad things. Good, qualified counsel that are committed to a cause can usually figure out how to prosecute such cases effectively and prevail.”
–Eric Gibbs, award-winning securities attorney
Praise from the Courts
Federal judge in our AT&T class action:
“I’ve always found them to be extraordinary counsel in terms of their preparation and their professionalism.”
Federal judge in our Chase lawsuit (resulting in $100 million settlement):
They “fought tooth and nail, down to the wire” to achieve “the best settlement that they could under the circumstances.”
Read more about what judges say about us.
Our Featured Securities Team
Eileen works closely with investors in securities cases and has over a decade of experience in the legal world. She received her law degree from American University in 2005.
David’s advocacy has generated major recoveries for consumers impacted by financial fraud. He was named to the Top 40 Under 40 by Daily Journal and a “Rising Star in Class Actions” by Law360.
Amanda is spearheading a securities lawsuit against NantHealth concerning fraudulent statements to investors about the success of its key product.
Gibbs Law Group's Financial Fraud Experience
Gibbs Law Group’s financial fraud and securities lawyers have more than two decades of experience prosecuting fraud. Our attorneys have successfully litigated against some of the largest companies in the United States, and we have recovered more than a billion dollars on our clients’ behalf.
We have fought some of the most complex cases brought under federal and state laws nationwide, and our attorneys have been recognized with numerous awards and honors for their accomplishments, including Top 100 Super Lawyers in Northern California, Top Plaintiff Lawyers in California, The Best Lawyers in America, and rated AV Preeminent (among the highest class of attorneys for professional ethics and legal skills).
Share this on: