Technology,
Securities,
Civil Litigation
Oct. 29, 2021
Investors’ attorney is ‘out in speculation land’ US judge says
U.S. District Judge Beth L. Freeman in San Jose expressed skepticism that the existence of an internal cost-cutting target that contradicts a publicly disclosed figure amounts to a securities violation.
A federal judge indicated Thursday that DXC Technology Co. and Hewlett Packard Enterprise will likely not have to face a proposed class action accusing them of misleading investors ahead of a merger that created the information technology company.
U.S. District Judge Beth L. Freeman in San Jose expressed skepticism that the existence of an internal cost-cutting target that c...
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