Seagate Securities Settlement
Seagate Securities Settlement
Accepting Submissions
The lawsuit alleges that Seagate, its CEO, and its CFO misled investors by hiding the size of its sales to Huawei, which the lawsuit says were illegal, and how much its profits depended on them. The proposed settlement provides $175 million in cash. The notice estimates an average recovery of about $1.03 per eligible share before fees and expenses, which it estimates at about $0.26 per share if the court approves the full request.
Claims are due October 19, 2026, and must be filed online or postmarked by that date. The deadline to opt out or object is October 27, 2026. The court will hold a settlement hearing on November 17, 2026, to decide whether to grant final approval.
Eligibility
You may qualify if you purchased or otherwise acquired Seagate common stock from September 14, 2020, through April 19, 2023. Options and shares owned solely through a mutual fund do not count. You must file a claim form with your trade details to get paid.
You bought or acquired Seagate common stock between September 14, 2020, and April 19, 2023
You held the shares directly, rather than solely through a mutual fund
You have brokerage records showing your purchases and sales
You file a claim by October 19, 2026
A claim form is required, and payment is not automatic. The court has not granted final approval, and the settlement hearing is set for November 17, 2026. The $1.03 per share figure is an average estimate before fees and expenses, and actual payments depend on your trades and the number of valid claims.
FAQ
Our mission is to help people get the compensation they deserve. We are providing this information and a direct link to the official site to ensure you don't miss out on money you may be owed. However, this will mean that claims submitted for this settlement will not be reviewed, monitored, or have additional support from ClaimsHero.
No. For this claim, we are directing you to the official claims administrator website. There are no fees from ClaimsHero. This is different from our full-service representation campaigns, where we work on a contingency basis, review and monitor the status of your claim, and only get paid if your claim is successful.
Our goal is to raise awareness and guide you to the official claims website. We do not review your claim, handle your documents, monitor the status of your claim, contact you if there are any needed revisions or updates, or represent you in this specific matter. Our goal is to ensure you are provided a path to make your claim.
You must file your claim directly on the official settlement website, which is managed by the court-appointed claims administrator. The only place to submit your claim is through the link provided above.
All questions about your claim must be directed to the claims administrator. Because we simply provide a path to the claims administrator’s website to submit, our support team does not have access to your submission details. You can find their contact information on the official website through the link provided above.
File Your Claim
Claims are due October 19, 2026. Have your brokerage statements for Seagate trades ready before you start.
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