SEC Commences Formal Civil Investigation Against Computer Sciences

Computer Sciences Corporation (CSC) announced in an 8-K form that on January 28, 2011, the company was notified by the United States Securities and Exchange Commission that the Commission has commenced a formal civil investigation relating to company’s previously disclosed accounting adjustments in company’s Managed Services Sector segment, primarily in Europe’s Nordic region. The company said it is cooperating with the commission’s investigation.

Shares of Computer Sciences Corp. are currently down 20 cents, or 0.38%, at $53.09 per share.

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