Costanzo

Costanzo v. DXC Technology Company

Good Law
United States District Court, Northern District of CaliforniaJuly 27, 20205:19-cv-05794California9,013 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION 6 NEIL COSTANZO, et al., Case No. 19-cv-05794-BLF

Plaintiffs,

ORDER GRANTING DEFENDANTS’

v. MOTION TO DISMISS WITH LEAVE

TO AMEND

DXC TECHNOLOGY COMPANY, et al., [Re: ECF 39] Defendants.

This is a putative class action pursuant to Sections 11 and 15 of the Securities Act of 1933 (the “Securities Act”) arising from the prospectus and registration statement (the “Registration Statement”) issued in connection with the merger of Computer Sciences Corporation and the Enterprise Services division of Hewlett Packard Enterprise Company completed in April 2017 (the “Merger”). Before the Court is Defendants’ Motion to Dismiss the Amended Complaint. Motion, ECF 39. The Court heard oral arguments on June 4, 2020 (the “Hearing”). For the reasons stated below, the Court GRANTS Defendants’ Motion with leave to amend. I. BACKGROUND Defendant DXC Technology Company (“DXC”) is a…

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