Former Louisiana Attorney General Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating DXC Technology Company (“DXC” or the “Company”) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a private equity consortium.
The investigation focuses on whether the Company’s board of directors failed to adequately shop the Company before entering into the acquisition agreement, if DXC shareholders will receive proper compensation for their shares, and whether the transaction undervalues the Company.
DXC shareholders are encouraged to contact KSF to discuss their legal rights and options. Mr. Foti stated, “We are focused on providing personalized legal representation and fighting tirelessly on behalf of our clients. We believe that the proposed sale may undervalue DXC and deprive its shareholders of the full value of the Company.”
The investigation also seeks to determine if DXC’s financial advisors are obtaining the best possible consideration for shareholders. KSF believes that shareholders have the right to receive fair consideration for their investment. The firm is committed to ensuring that shareholders are treated fairly during this transaction.
DXC shareholders who have questions or concerns about this investigation are encouraged to contact KSF to discuss their legal rights and options. The firm has a history of holding companies accountable for breaching their fiduciary duties to shareholders. Shareholders who believe their rights have been violated are urged to contact KSF to learn more about their legal rights.
Overall, the investigation into DXC Technology’s sale to a private equity consortium aims to ensure that shareholders are fairly compensated and that the transaction properly values the Company. Shareholders are advised to seek legal counsel to protect their rights during this process.
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