Seagate Technology $175M Securities Class Action Settlement

Seagate Technology $175M Securities Class Action SettlementInvestors who bought Seagate stock between Sept. 14, 2020, and April 19, 2023, may be eligible to claim a cash payment from a class action settlement.Seagate Technology $175M Securities Class Action SettlementWeekly NewsletterClass actions settlements delivered to your inbox.Thank you! Check your inbox for a welcome email.Oops! Something went wrong while submitting the form.William C. GendronEditor in ChiefPublishedAugust 4, 2026 10:40 AMUpdatedAugust 24, 2026Join the DiscussionInvestors who purchased or otherwise acquired Seagate Technology Holdings plc common stock between Sept. 14, 2020, and April 19, 2023, may be eligible to claim a cash payment from a class action settlement.Seagate Technology Holdings plc and certain executives agreed to pay $175 million to settle a securities class action lawsuit alleging they misled investors by concealing the magnitude of the company's sales to Huawei, a proscribed foreign entity, in violation of U.S. export laws. The lawsuit claimed the illegal sales affected Seagate's profitability.Who can file a claim?The settlement class includes all persons and entities who purchased or otherwise acquired Seagate Technology Holdings plc common stock between Sept. 14, 2020, and April 19, 2023, inclusive, and suffered damages.Additional detailsBoth individuals and entities can be class members.The settlement includes investors who held stock in their own name and those who held through a broker or other nominee.The beneficial owner, not the record owner, must sign the claim form.Joint owners must each sign the claim form.Agents, executors, administrators, guardians and trustees may submit claims on behalf of others and must provide proof of authority.Each separate legal entity or separately managed account must submit a separate claim.How much can class members get?The total settlement fund is $175,000,000.