DXC Technology Fights Off Investor Suit Over 2017 Merger

DXC Technology Co. is once more free of a securities suit over cost-cutting statements tied to the merger that created the company in 2017, after a federal judge in California dismissed the case.

Investors added new allegations from confidential witnesses in an amended complaint after the U.S. District Court for the Northern District of California tossed an earlier version. But their additions aren’t enough to overcome the problems with prior pleadings, the court said in an order dismissing the case without leave to amend.

DXC formed when a Hewlett Packard Enterprise Co. division merged with Computer Sciences Corp. in 2017. ...