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Case Status:    ONGOING    
On or around 12/04/2020 (Date of last review)

Filing Date: November 05, 2020

According to the Complaint, HP Inc. provides personal computers, printers, and related supplies, solutions, and services. The Company conducts business primarily through two segments: Printing and Personal Systems. The Printing segment provides consumer and commercial printer hardware, supplies, solutions, and services. The Personal Systems segment provides commercial and consumer computers and related software, support, and services.

The Complaint alleges that during the Class Period, Defendants misrepresented HP’s business and financial condition by issuing false and misleading statements regarding HP’s financial performance and, in particular, its revenue, profit margin, and earnings. Specifically, the Complaint alleges Defendants provided positive financial results for HP, but misrepresented and omitted to state that HP’s Supplies channel inventory management and sales practices had resulted in increased channel inventory and decreased revenues and profits.

COMPANY INFORMATION:

Sector: Technology
Industry: Computer Hardware
Headquarters: United States

SECURITIES INFORMATION:

Ticker Symbol: HPQ
Company Market: New York SE
Market Status: Public (Listed)

About the Company & Securities Data


"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.

In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
COURT: N.D. California
DOCKET #: 20-CV-07835
JUDGE: Hon. Lucy H. Koh
DATE FILED: 11/05/2020
CLASS PERIOD START: 11/06/2015
CLASS PERIOD END: 06/21/2016
PLAINTIFF FIRMS NAMED IN COMPLAINT:
  1. Robbins Geller Rudman & Dowd LLP (San Diego)
No Document Title Filing Date
—Reference Complaint Complaint Related Data is not available
—Related District Court Filings Data is not available