UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest reported event): July 13, 2009
Commission File No. 001-33399
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COMPUTER SCIENCES
CORPORATION
(Exact name of registrant as specified in its charter)
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Nevada 1-4850 95-2043126
(State or other jurisdiction (Commission File Number)(IRS Employer Identification No.)
of incorporation)
3170 Fairview Park Drive
Falls Church, Virginia 22042
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (703) 876-1000
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
On July 13, 2009, Judge James Otero of the United States District Court for the Central District of California entered an Order granting summary judgment in favor of Computer Sciences Corporation (the “Company”) and certain other defendants in the case of In Re Computer Sciences Corp. ERISA Litigation (Case No. CV 08-2398-SJO). The case involved a class action proceeding alleging violations by the Company and certain directors and other individuals of the ERISA statute related to claims of alleged backdating of stock options. The history of the case is set forth below.
On August 15, 2006, a federal ERISA class action involving allegations of backdating at the Company was filed in the U.S. District Court in the Eastern District of New York, entitled Quan, et al. v. CSC, et al., CV 06-3927. On September 21, 2006, a related ERISA class action was filed in the same court, entitled Gray, et al. v. CSC, et al., CV 06-5100. The complaints named as defendants the Company, the Company’s Retirement and Employee Benefits Plans Committee and various directors and officers, and alleged various violations of the ERISA statute. The two ERISA actions were consolidated and, on February 28, 2007, plaintiffs filed an amended ERISA class action complaint. On January 8, 2008, the District Court granted a motion to transfer the consolidated cases to the United States District Court in Los Angeles, California. Upon arrival in the Central District of California, the two cases were consolidated before Judge Otero in Case No. CV 08-2398-SJO. Defendants filed a motion to dismiss and plaintiffs filed their memorandum in opposition to the motion. Plaintiffs also filed a motion for class certification, and defendants filed their memorandum in opposition to the motion on August 11, 2008. On September 2, 2008, Judge Otero issued orders denying defendants’ motion to dismiss, and also denying plaintiffs’ motion for class certification. Defendants answered the complaint and the parties conducted discovery. On November 13, 2008, plaintiffs filed a new motion for class certification and the defendants filed a memorandum in opposition on December 8, 2008. On December 29, 2008, Judge Otero granted plaintiffs’ motion for class certification. On January 13, 2009, defendants filed a petition with the United States Court of Appeals for the Ninth Circuit pursuant to Rule 23(f) of the Federal Rules of Civil Procedure, requesting that the Court of Appeals accept their appeal from the order granting class certification. Plaintiffs filed their opposition on January 23, 2009. The Court of Appeals denied defendants’ request for permission to appeal on March 12, 2009. Discovery closed on April 28, 2009. Defendants and plaintiffs each filed motions for summary judgment on May 4, 2009. Reply briefs were filed on May 22, 2009. On July 13, 2009, Judge Otero issued an order granting summary judgment in favor of defendants.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
COMPUTER SCIENCES CORPORATION
By: /s/ Michael J. Mancuso
Michael J. Mancuso
Vice President and Chief Financial Officer
Dated: July 15, 2009
