Investors Claim Seagate Technology Violated Huawei Sales Ban
This suit was surfaced by Law.com Radar. Read the complaint here.
July 28, 2023 at 01:23 PM
1 minute read
Litigation
Seagate Technology Holdings and its top officers were hit with a securities class action on Wednesday in California Northern District Court. The suit, filed by Bernstein Litowitz Berger & Grossman, is part of a string of cases accusing Seagate of violating federal prohibitions on the sale of hard drives to Chinese telecom giant Huawei Technologies. The case is 3:23-cv-03711, Public Employees' Retirement System of Mississippi v. Seagate Technology Holdings PLC et al.
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