If you acquired DXC Technology common stock in exchange for CSC securities in the April 1, 2017 merger, you may be eligible for a payment from a $47.5 million class action settlement.
Here’s what investors need to know.
Why This Lawsuit Exists?
The case, In re HPE Enterprise Services-DXC Technology Co. Merger Litigation, alleges that certain statements made in connection with the 2017 merger between Computer Sciences Corporation and Hewlett Packard Enterprise Company — which formed DXC Technology Company — were false or misleading.
Specifically, plaintiffs claim the offering materials failed to disclose important information, including the alleged scope and impact of a workforce reduction plan.
The defendants deny all wrongdoing but agreed to settle for $47,500,000 to resolve the claims and avoid further litigation.
Who Qualifies?
You may be included if:
You acquired DXC common stock
In direct exchange for CSC securities
As part of the April 1, 2017 Merger Exchange
Both individuals and entities may qualify.
Excluded are defendants, their officers and affiliates, certain family members, and those who previously requested exclusion.
How Much You Could Get?
The settlement fund totals $47,500,000, plus interest.
Your payment depends on:
The number of valid claims filed
The number of shares you acquired in the merger
Whether and when you sold your shares
The Court-approved Plan of Allocation
Recognized Claim Details
Shares sold before November 7, 2018 → $0 recognized claim
Shares sold Nov. 7, 2018 – Aug. 8, 2019 → Lesser of $4.50 per share or $69.01 minus sale price
Shares held as of Aug. 8, 2019 (close of trading) → $6.07 per share
Important:
If the calculation results in a negative number, your claim is $0
If you had an overall market gain during the period, your claim is $0
Payments under $10 will not be issued
If total claims exceed the fund, payments will be reduced pro rata
Attorneys’ fees (up to $15,833,333.33), expenses (up to $1,200,000), and service awards (up to $30,000 total) will be deducted if approved by the Court.
Your Options
| Option | What It Means | Deadline |
|---|---|---|
| Submit Proof of Claim | Receive your share of the settlement | April 6, 2026 |
| Object to Settlement | Tell the Court why you disagree | May 21, 2026 |
| File Notice of Intention to Appear | Speak at the hearing | May 21, 2026 |
| Do Nothing | Receive no payment and release claims | N/A |
Settlement Fairness Hearing: June 11, 2026 at 1:30 p.m.
How to File a Claim?
To receive payment, you must submit a Proof of Claim form by:
April 6, 2026
You can:
File online
Or download, print, and mail the claim form
You Will Need:
Last four digits of SSN or full Taxpayer ID number
Trade dates
Number of shares acquired/sold
Total transaction prices
Supporting documentation (broker confirmations, account statements, or authorized broker reports)
