Ontario Teachers’ Pension Plan Securities Litigation
A securities lawsuit alleged that CSC made fraudulent statements about its performance under CSC’s $5.4 billion contract with the U.K. National Health Services (NHS) and about its financial results in fiscal year 2010 in connection with the company’s operations in Europe’s Nordic region. The lawsuit was filed on behalf of all persons that purchased or acquired CSC common stock from August 5, 2008 through August 9, 2011. In May 2013, it was announced that the parties settled the lawsuit for $97.5 million.
- Misconduct Type
- Enforcement Agency
- Contracting Party
- Court Type
- Date of Complaint
|Computer Sciences Corporation||$97,500,000|