ReleaseWire

Seagate Technology Holdings Plc (NASDAQ:STX) Shareholder Notice: Investigation Concerning Possible Violations of Securities Laws

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

Posted: Wednesday, November 09, 2022 at 11:15 AM CST

San Diego, CA -- (SBWire) -- 11/09/2022 --Seagate Technology Holdings plc is under investigation over potential securities laws.

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 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 $47.47 per share on November 3, 2022.

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

Contact:
Shareholders Foundation, Inc.
Christopher Clausen
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com

About The Shareholders Foundation
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, , 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, investigation, and/or settlements are not filed/reached and/or 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.