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Investigation announced for Investors in Seagate Technology Holdings plc (NASDAQ: STX)

11-02-2022 02:44 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation for investors in Seagate Technology Holdings plc (NASDAQ: STX) shares over potential securities laws violations.

An investigation for investors in Seagate Technology Holdings plc (NASDAQ: STX) shares over potential securities laws violations.

An investigation was announced for investors of Seagate Technology Holdings plc (NASDAQ: STX) shares over potential securities laws violations by Seagate Technology Holdings plc.

Investors who purchased shares of Seagate Technology Holdings plc (NASDAQ: STX), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Seagate Technology Holdings plc (NASDAQ: STX) concerning whether a series of statements by Seagate Technology Holdings plc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.

Ireland based Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. On October 26, 2022, before the market opened, Seagate Technology Holdings plc disclosed that it has been warned by the federal government that it may have violated export control laws by selling hard drives to a customer on the trade blacklist, which is reportedly China-based Huawei.

Shares of Seagate Technology Holdings plc (NASDAQ: STX) declined from $58.00 per share on October 25, 2022, to $49.58 per share on October 31, 2022.

Those who purchased shares of Seagate Technology Holdings plc (NASDAQ: STX) have certain options and should contact the Shareholders Foundation.

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 lawsuits, 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.

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