STX · News · 20260805N
Accrued Legal and Regulatory
Seagate Technology Holdings plc · 2026-08-05 · Importance 46 · Surprise 42
Seagate faces a $175 million securities class-action settlement covering investors who purchased shares between September 14, 2020, and April 19, 2023. The allegations concerned disclosures about sales to Huawei and alleged violations of U.S. export laws. The claim-submission deadline is October 19, 2026, and the estimated average distribution is $0.77 per eligible share after deductions.
Key facts
- GuruFocus reported CEO William Mosley sold 17,080 shares on August 3, 2026. source