The Law Offices of Frank R. Cruz announces an investigation of Seagate Technology Holdings plc (“Seagate” or the “Company”) (NASDAQ: STX) on behalf of investors concerning the Company’s possible violations of federal securities laws.
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On October 26, 2022, before the market opened, Seagate 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.
On this news, Seagate’s stock fell $4.61, or 7.9%, to close at $53.39 on October 26, 2022, thereby injuring investors.
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If you purchased Seagate securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to firstname.lastname@example.org, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
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