ATLANTA, GA – – (Globe Newswire – April 21, 2023) – – Holzer & Holzer, LLC is investigating whether Seagate Technology Holdings plc (“Seagate” or the “Company”) (NASDAQ: STX) complied with federal securities laws. On April 19, 2023, Seagate disclosed that two subsidiaries of the Company entered into a settlement agreement with the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) and agreed to pay $300 million to resolve “BIS’s allegations regarding Seagate’s sales of hard disk drives to Huawei between August 17, 2020 and September 29, 2021.” Following this disclosure, the price of the Company’s stock dropped.
If you purchased Seagate stock and suffered a loss on that investment, you are encouraged to contact Corey Holzer, Esq. at firstname.lastname@example.org or Joshua Karr, Esq. at email@example.com, call our toll-free number at (888) 508-6832, or visit our website at www.holzerlaw.com/case/seagate/ to discuss your legal rights.