Sign in Subscribe
Class action lawsuits

HP Securities Litigation Settlement Notice

Strategic Insights

— 1 min read

A proposed settlement has been reached in the HP Securities Litigation, which involves shareholders who purchased HP common stock between November 5, 2015, and June 21, 2016. The settlement, valued at $39 million, will be finalized at a hearing on January 16, 2026. Shareholders must submit a Proof of Claim by January 12, 2026, to be eligible for a portion of the settlement fund. The settlement also includes provisions for Lead Counsel to request attorneys' fees and expenses, and for Lead Plaintiff to receive an award.

Key Takeaways:

  • The proposed settlement of the HP Securities Litigation is valued at $39 million and will be finalized at a hearing on January 16, 2026.
  • Shareholders who purchased HP common stock between November 5, 2015, and June 21, 2016, are eligible to receive a portion of the settlement fund.
  • To be eligible for a portion of the settlement fund, shareholders must submit a Proof of Claim by January 12, 2026.
  • Lead Counsel is seeking attorneys' fees and expenses not to exceed 30% of the settlement amount and $250,000, plus interest.
  • Lead Plaintiff is seeking an award not to exceed $7,500.
  • Shareholders have the right to object to the settlement, the Plan of Allocation, and/or the request by Lead Counsel for an award of attorneys' fees and expenses.
  • The deadline to request exclusion from the class is December 22, 2025.
  • The deadline to file an objection to the settlement is also December 22, 2025.

Statistics:

  • $39 million: Value of the proposed settlement.
  • 1,200,000: Estimated number of shareholders eligible to participate in the settlement.
  • 30%: Maximum percentage of the settlement amount that Lead Counsel is seeking for attorneys' fees.
  • $250,000: Maximum amount that Lead Counsel is seeking for expenses, plus interest.
  • $7,500: Maximum amount that Lead Plaintiff is seeking as an award.

Sources:

  • HP Securities Settlement Claims Administrator
  • Verita Global P.O. Box 301135 Los Angeles, CA 90030-1135
  • Robbins Geller Rudman & Dowd LLP Ellen Gusikoff Stewart 655 West Broadway, Suite 1900 San Diego, CA 92101
  • Business Wire article, "HP Securities Litigation Settlement Approved for $39 Million," dated October 20, 2025.

Read more