Deadline in Lawsuit for Investors in shares of HP Inc. (NYSE: HPQ) coming up on April 20, 2020

A deadline is coming up on April 20, 2020 in the lawsuit filed for certain investors of HP Inc. (NYSE: HPQ) over alleged securities laws violations by HP Inc.

Investors who purchased shares of HP Inc. (NYSE: HPQ) have certain options and there are strict and short deadlines running. Deadline: April 20, 2020. NYSE: HPQ stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

According to the complaint filed in the U.S. District Court for the Northern District of California the plaintiff alleges on behalf of purchasers of HP Inc. (NYSE: HPQ) common shares between February 23, 2017 and October 3, 2019, that the defendants violated Federal Securities Laws. More specifically, the plaintiff claims that between February 23, 2017 and October 3, 2019, the defendants knew that the four-box model was severely deficient and not a strong predictor of Supplies demand and outcomes, because HP lacked telemetry data from its commercial printers and had to use unreliable and stagnant market share data to develop assumptions for the four-box model, that the defendants knew the lack of telemetry data for commercial printing was a critical shortcoming of the four-box model because HP possessed telemetry data on its personal printing side and knew it was a necessary element for an accurate understanding of the Supplies channel, and that as a result, the Supplies inventory in HP's channel exceeded demand by at least $100 million and HP's Supplies revenue growth was grossly inflated.

Those who purchased shares of HP Inc. (NYSE: HPQ) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

This release was published on openPR.