Calling All Seagate Technology Holdings plc (STX) Investors: Contact Bronstein, Gewirtz & Grossman, LLC To Claim Your Losses!

Key Facts

Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Seagate Technology Holdings plc ("Seagate" or the "Company") (NASDAQ: STX) and certain of its officers.
Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Seagate common stock between September 15, 2020 and October 25, 2022, inclusive (the "Class Period").
Case Details: The Complaint alleges that defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose: (1) the nature and magnitude of Seagate's HDD sales to Huawei, including that Seagate experienced a significant acceleration in sales to Huawei immediately after the BIS rules went into effect and Seagate's competitors stopped selling to Huawei; and (2) that the underlying details of Seagate's HDD manufacturing process, including the use of covered U.S. software and technology in "essential 'production'" processes, rendered its sales to Huawei in violation of the BIS export rules As a result, Seagate was in blatant violation of the BIS export rules which resulted in an ongoing investigation by the U.S.
If you wish to review a copy of the Complaint, you can visit the firm's site: www.bgandg.com/stx or you may contact Peretz Bronstein, Esq.