Gardy & Notis, LLP Files a Class Action Lawsuit on Behalf of Purchasers of Computer Sciences Corporation Common Stock -- CSC


ENGLEWOOD CLIFFS, N.J., July 15, 2011 (GLOBE NEWSWIRE) -- Gardy & Notis, LLP has filed a class action lawsuit in the United States District Court for the Eastern District of Virginia on behalf of purchasers of shares of common stock of Computer Sciences Corporation (NYSE:CSC) during a class period of May 21, 2009 to May 25, 2011.

The class action seeks to recover damages on behalf of plaintiff and a class of all other individual and institutional investors who purchased or otherwise acquired CSC common stock during the class period. The defendants in the case are CSC, Michael W. Laphen, Michael J. Mancuso and Donald G. DeBuck. The complaint alleges that defendants violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 by concealing material information and making false and misleading statements relating to CSC's business and financial condition with respect to (i) pervasive accounting irregularities, (ii) material issues with a series of contracts between CSC and Britain's National Health Services, and (iii) forecasts for the fiscal year 2011 for which CSC had no reasonable basis. 

If you purchased CSC common stock between May 21, 2009 and May 25, 2011, you may, no later than September 13, 2011, request that the Court appoint you as lead plaintiff for the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. You must meet certain legal requirements to serve as a lead plaintiff.

For more information regarding the lawsuit, or to obtain a copy of the complaint filed in the lawsuit, please contact plaintiff's counsel, Charles A. Germershausen at Gardy & Notis, LLP, 560 Sylvan Avenue, Englewood Cliffs, New Jersey 07632, Tel: 201-567-7377, Fax: 201-567-7337, Email: cgermershausen@gardylaw.com



            

Contact Data