September 20, 2013 - The court approved the settlement, entered the orders approving the plan of allocation, the motion for attorneys’ fees and expenses, and dismissed the action with prejudice.
May 24, 2013 – The settlement was preliminarily approved by the court.

May 15, 2013 - The Parties entered into a stipulation of settlement.

November 30, 2012 - The court granted plaintiff's motion for class certification.

August 29, 2012 - The court in part denied and in part granted the defendants’ motion to dismiss.

October 19, 2011 - The lead plaintiff filed a corrected amended consolidated complaint.

October 18, 2011 - Defendants filed a motion to dismiss.

September 26, 2011 - The lead plaintiff filed an amended consolidated complaint.

August 29, 2011 - Lead plaintiff and lead counsel were appointed and all cases were consolidated.

August 2, 2011 - Lead plaintiff motions were filed.

July, 2011 - Another investor filed an additional complaint.

June 2, 2011 - An investor in shares of Computer Sciences Corporation (NYSE: CSC) filed a lawsuit in the U.S. District Court for the Eastern District of Virginia against Computer Sciences Corporation over alleged violations of Federal Securities Laws. According to the complaint the plaintiff alleges that Computer Sciences Corporation and certain of its officers and directors violated the Securities Exchange Act of 1934 by issuing between May 21, 2009 and May 25, 2011 false and misleading statements about its financial condition and prospects.

Computer Sciences Corporation reported on March 28, 2008 a 12months Total Revenue of $16.5billion, on April 3, 2009 $16.74billion, on April 3, 2010 $15.921billion, and on April 1, 2011 $16.042billion. Its Net Income over the same time frame initially increased from $545million to $1,115million, but then fell to $817million, respectively $740million.

Shares of Computer Sciences Corporation (NYSE: CSC) increased from as low as $26 per share in the end of 08 to almost $58 per share in the end of 09. During 2010 CSC stock prices dipped to $40.77 per share but regained value to $54.16 Janaury 2011. Then on February 1, 2011, Computer Sciences Corporation issued a press release announcing that the U.S. Securities and Exchange Commission (“SEC”) had initiated a formal investigation into accounting irregularities at Computer Sciences Corporation.

On February 9, 2011 Computer Sciences Corporation reported its third quarter results and lowered ts Fiscal Year 2011 guidance.

CSC shares fell from as high as $56.54 on February 8 to $48.43 on February 9th.

Then on May 2, 2011, Computer Sciences Corporation announced its fourth quarter 2011 financial results and reported that it was close to an agreement with the United Kingdom’s National Health Service on a revised contract and updated its fiscal 2011 guidance, announcing that it would miss its reduced fiscal 2011 revenue expectations by $100 million and earnings expectations by $0.45 per share.

CSC shares dropped from almost $51 per share in the end of April to $4.03 on May 3, 2011.

On May 25, 2011, after the market closed, Computer Sciences Corporation issued a press release pre-announcing its fourth quarter and fiscal 2011 financial results. Among other things, Computer Sciences Corporation reported fourth quarter 2011 earnings results of $1.09 per share, which so the plaintiff, missed Wall Street consensus estimates of $1.16, and that fiscal 2011 earnings would be below Computer Sciences Corporation’s recent reduced forecast of $4.75 per share. In addition, Computer Sciences Corporation also disclosed that its Audit Committee had begun an internal investigation into accounting irregularities in one of its service sectors. In response to the Company’s May 25, 2011 disclosures, on May 26, 2011, the Company’s stock price fell $5.71 per share (or 12%) to close at $38.38 per share.
The next trading day CSC stock dropped to as low as $36.45 on May 26, 2011.