Investors with losses are encouraged to contact the firm before January 4, 2021; click here to submit trade information
LOS ANGELES, Jan. 04, 2021 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises investors that a class action lawsuit has been filed on behalf of HP, Inc. (NYSE: HPQ) investors that acquired shares between November 6, 2015 and June 21, 2016. Investors have until January 4, 2021 to seek an active role in this litigation.
According to the Complaint, the HP made misleading and false statements to the market. HP’s performance was artificially inflated by its sales practices by selling supplies to customers that did not need or want them. Supplies were sold by HP outside of designated regions at massive discounts designed to boost profits. HP’s public statements were false and materially misleading, based on these facts. Investors suffered damages when the truth about HP was made clear to the market.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 4, 2020.
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The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.