CSC Shares Tumble After Employees Get Wells Notices From SEC
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Computer Sciences Corp., a provider of technology consulting to governments and companies, fell the most in more than five months after signaling that an accounting probe by the Securities and Exchange Commission is escalating.
As part of an almost three-year investigation by the SEC, former U.S. executives, along with some current employees outside the country, have received Wells notices from the commission, CSC said today in a filing.