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Law Offices of Howard G. Smith Announces Investigation of Computer Sciences Corporation

^{Published on 2011-06-24 16:40:45 - Market Wire}
 

BENSALEM, Pa.--([ BUSINESS WIRE ])--Law Offices of Howard G. Smith announces that it is investigating potential claims against Computer Sciences Corporation (aCSCa or the aCompanya) (NYSE:CSC) concerning potential violations of federal securities laws or possible breaches of fiduciary duties by the Company or its fiduciaries. CSC offers information technology (IT) and business process outsourcing, as well as IT and professional services to the commercial and government markets.

The investigation concerns allegations that certain statements issued by the Company between August 11, 2010 and May 25, 2011, regarding CSCa™s business, operations and financial prospects were materially false and misleading. Specifically, the investigation concerns whether CSC failed to disclose, among other things: (i) that the Companya™s historical and current financial results were false and in violation of the Companya™s internal accounting policies and Generally Accepted Accounting Principles; (ii) that the implementation of the Companya™s software at the United Kingdoma™s National Health Service (NHS) was experiencing severe difficulties, rendering the Company unable to meet certain contractual deliverables and putting the entire contract with NHS at risk of termination; and (iii) that the Company was experiencing substantial weakness in demand for its products and services, and new bookings for such were declining.

If you purchased CSC stock and still hold those shares, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to [ howardsmith@howardsmithlaw.com ], or visit our website at [ http://www.howardsmithlaw.com ].