Costanzo

Costanzo v. DXC Technology Company

Good Law
United States District Court, Northern District of CaliforniaDecember 14, 20215:19-cv-05794California10,058 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 MOTION TO

v. DISMISS THIRD AMENDED

COMPLAINT WITHOUT LEAVE TO

DXC TECHNOLOGY COMPANY, et al., AMEND Defendants. [Re: ECF No. 98]

12 Before the Court is Defendants’ Motion to Dismiss the Third Amended Complaint. This is a putative class action alleging violations of Sections 11 and 15 of the Securities Act of 1933 (the “Securities Act”). Plaintiffs’ claims pertain to representations in the prospectus and registration statement (the “Registration Statement”) issued in connection with the merger of Computer Sciences Corporation (“CSC”) and the Enterprise Services division of Hewlett Packard Enterprise Company (“HPE”) completed in April 2017 (the “Merger”) to form Defendant DXC Technology Company (“DXC”), an IT services company. Plaintiffs allege that Registration Statement disclosures related to an…

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