PITTSBURGH--(BUSINESS WIRE)--Notice is hereby given by the Law Office of Alfred G. Yates Jr., P.C. that it has filed a class action in the United States District Court for the Eastern District of Virginia on behalf of purchasers of Computer Sciences Corporation (“CSC”) (NYSE: CSC) common stock during the period between August 11, 2010 and May 25, 2011 (the “Class Period”).
If you wish to serve as lead plaintiff, you must move the Court no later than August 2, 2011. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Alfred G. Yates Jr., Esquire at 1-800-391-5164, toll free, or at yateslaw@aol.com by e-mail. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice, or may choose to do nothing and remain an absent class member.
The Complaint alleges violations of the federal securities laws against Computer Sciences and its officers and directors for issuing materially false and misleading financial statements to investors regarding the company's business and financial conditions. On February 1, 2011, Computer Sciences announced that the SEC had initiated a formal investigation into accounting irregularities at the Company. On May 25, 2011, in connection with its announcement of financial results, which missed Wall Street consensus estimates, the Company disclosed that its Audit Committee had begun an internal investigation into accounting irregularities in one of its service sectors. The Company’s shares declined 12% in response to this announcement.
The firm is also investigating actions on behalf of shareholders for the following companies: Community Health Systems, Inc. (NYSE: CYH), Logitech International SA (Nasdaq: LOGI), Longtop Financial Technologies Limited (NYSE: LFT), Research in Motion Limited (Nasdaq: RIMM), WMS Industries Inc. (NYSE: WMS), Yahoo! Inc. (Nasdaq: YHOO), and Yongye International, Inc. (Nasdaq: YONG).
If you purchased securities of any of the above companies and wish learn more about any of these actions or have any questions, please contact Alfred G. Yates Jr., Esquire at 1-800-391-5164, toll free, or at yateslaw@aol.com by e-mail.