HDD

Bragar Eagel & Squire, P.C. Reminds Investors That Class Action Lawsuits Have Been Filed Against Seagate and Baxter and Encourages Investors to Contact the Firm

Retrieved on: 
Thursday, July 27, 2023

Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.

Key Points: 
  • Stockholders have until the deadlines below to petition the court to serve as lead plaintiff.
  • Seagate is a leading global supplier of data storage products, including hard disk drives (“HDDs”).
  • Over the course of the Class Period, Baxter’s stock price declined by nearly 50%, eliminating billions of dollars in market capitalization.
  • For more information on the Baxter class action go to: https://bespc.com/cases/BAX

Shareholder Alert: Bernstein Litowitz Berger & Grossmann LLP Announces the Filing of Securities Class Action Lawsuit Against Seagate Technology Holdings plc

Retrieved on: 
Thursday, July 27, 2023

Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action lawsuit in the U.S. District Court for the Northern District of California alleging violations of federal securities laws by Seagate Technology Holdings plc (“Seagate” or the “Company”) and certain of the Company’s senior executives (collectively, “Defendants”).

Key Points: 
  • Today, prominent investor rights law firm Bernstein Litowitz Berger & Grossmann LLP (“BLB&G”) filed a class action lawsuit in the U.S. District Court for the Northern District of California alleging violations of federal securities laws by Seagate Technology Holdings plc (“Seagate” or the “Company”) and certain of the Company’s senior executives (collectively, “Defendants”).
  • The complaint expands the allegations that were asserted in a previously filed related securities class action pending against Seagate captioned UA Local 38 Defined Contribution Pension Plan v. Seagate Technology Holdings plc, No.
  • BLB&G filed this action on behalf of its client, the Public Employees’ Retirement System of Mississippi, and the case is captioned Public Employees’ Retirement System of Mississippi v. Seagate Technology Holdings plc, No.
  • These misrepresentations caused the price of Seagate common stock to trade at artificially inflated prices throughout the Class Period.

ROSEN, A TRUSTED AND LEADING FIRM, Encourages Seagate Technology Holdings plc Investors to Secure Counsel Before Important Deadline in Securities Class Action - STX

Retrieved on: 
Tuesday, July 25, 2023

WHAT TO DO NEXT: To join the Seagate class action, go to https://rosenlegal.com/submit-form/?case_id=17658 or call Phillip Kim, Esq.

Key Points: 
  • WHAT TO DO NEXT: To join the Seagate class action, go to https://rosenlegal.com/submit-form/?case_id=17658 or call Phillip Kim, Esq.
  • WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles.
  • The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
  • 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017.

Quobyte's High-Performance Storage System Advances Cryo-EM Research at Oregon Health & Science University

Retrieved on: 
Tuesday, July 25, 2023

SANTA CLARA, Calif., July 25, 2023 /PRNewswire/ -- Quobyte Inc., a top-tier provider of versatile software-defined storage solutions, proudly revealed today that Dr. Craig Yoshioka, Director of one of the three national cryo-electron microscopy (cryo-EM) centers funded by the National Institutes of Health and Research Associate Professor at Oregon Health & Science University (OHSU), has successfully implemented Quobyte's high-capacity, high-performance storage technology. This innovative technology advances cryo-EM research by addressing its massive data storage needs.

Key Points: 
  • Dr. Yoshioka employs Quobyte's technology to address the large data storage needs of cryo-EM research, enhancing performance, capacity and outcomes.
  • This innovative technology advances cryo-EM research by addressing its massive data storage needs.
  • Dr. Yoshioka employs Quobyte's technology to address the large data storage needs of cryo-EM research.
  • Dr. Yoshioka remarked, "Given the large datasets we handle, stemming from numerous daily experiments, we need a storage system that offers both extensive capacity and superior performance.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Alerts Seagate Technology (STX) Investors to Pending Securities Fraud Class Action, Encourages Investors with Substantial Losses to Contact Firm’s Attorneys

Retrieved on: 
Monday, July 24, 2023

SAN FRANCISCO, July 24, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Seagate Technology Holdings plc (NASDAQ: STX) investors who suffered substantial losses to submit your losses now .

Key Points: 
  • SAN FRANCISCO, July 24, 2023 (GLOBE NEWSWIRE) -- Hagens Berman urges Seagate Technology Holdings plc (NASDAQ: STX) investors who suffered substantial losses to submit your losses now .
  • Seagate Technology Holdings plc (STX) Securities Fraud Class Action:
    The litigation focuses on Seagate’s past assurances that it complied with the U.S.
  • Export Administration Regulations (“EAR”), including all requirements against doing business with companies that federal agencies believe represent national security and foreign policy threats to the U.S.
  • “We’re focused on investors’ losses and proving Seagate recorded illegal revenues when putting profits over U.S. national security interests,” said Reed Kathrein, the Hagens Berman partner leading the investigation.

Solidigm Introduces the World’s Highest Capacity PCIe SSD for Massive Data Storage From Core to Edge

Retrieved on: 
Thursday, July 20, 2023

"Modern workloads like AI and capabilities like 5G are rapidly reshaping the storage landscape,” said Greg Matson, VP of Strategic Planning and Marketing at Solidigm. “Businesses need storage in more places that is inexpensive, able to store massive data sets efficiently and access the data at speed. The D5-P5336 delivers on all three -- value, density and performance. With QLC, the economics are compelling -- imagine storing 6X more data than HDDs and 2X more data than TLC SSDs, all in the same space at TLC speed."

Key Points: 
  • “Solidigm’s D5-P5336 QLC SSDs offer an impressive combination of capacity, performance, and reliability as a solution to overcome this challenge.
  • The seamless integration of these Solidigm QLC SSDs with Cheetah's high-performance servers makes them highly suitable for the efficient deployment of edge solutions."
  • In the first half of 2024, Solidigm will be shipping E3.S form factor with up to 30.72TB.
  • Additionally, the D5-P5336 will be on display at the Solidigm booth (#107) at Flash Memory Summit in Santa Clara, Calif. August 8-10.

Infinidat Named a Finalist for CRN's 2023 Tech Innovator Awards

Retrieved on: 
Wednesday, July 19, 2023

WALTHAM, Mass., July 19, 2023 (GLOBE NEWSWIRE) -- Infinidat , a leading provider of enterprise storage solutions, today announced that CRN ®, a brand of The Channel Company , has named Infinidat as a Finalist for the 2023 CRN Tech Innovator Awards.

Key Points: 
  • WALTHAM, Mass., July 19, 2023 (GLOBE NEWSWIRE) -- Infinidat , a leading provider of enterprise storage solutions, today announced that CRN ®, a brand of The Channel Company , has named Infinidat as a Finalist for the 2023 CRN Tech Innovator Awards.
  • “The InfiniBox family is constantly recognized as one of the top enterprise storage solutions in the industry,” said Eric Herzog, CMO at Infinidat.
  • “CRN’s recognition of Infinidat’s solutions in their annual CRN Tech Innovator Awards further demonstrates that our channel partners are selling an industry acclaimed, state-of-the-art solution to their enterprise customers.
  • Congratulations to Infinidat for repeatedly receiving industry awards for their technological innovation and the business value they bring to our enterprise customers.

Lenovo Unveils New Data Management Solutions to Enable AI Workloads

Retrieved on: 
Tuesday, July 18, 2023

Today, Lenovo (HKSE: 992) (ADR: LNVGY) announced its next wave of data management innovation with new ThinkSystem DG Enterprise Storage Arrays and ThinkSystem DM3010H Enterprise Storage Arrays, designed to make it easier for organizations to enable AI workloads and unlock value from their data.

Key Points: 
  • Today, Lenovo (HKSE: 992) (ADR: LNVGY) announced its next wave of data management innovation with new ThinkSystem DG Enterprise Storage Arrays and ThinkSystem DM3010H Enterprise Storage Arrays, designed to make it easier for organizations to enable AI workloads and unlock value from their data.
  • Also announced are two new integrated and engineered ThinkAgile SXM Microsoft Azure Stack solutions, enabling a unified hybrid cloud solution for seamless data management.
  • "The data management landscape is increasingly complex, and customers need solutions that offer the simplicity and flexibility of cloud with the performance and security of on-premises data management,” said Kamran Amini, Vice President and General Manager of Server & Storage, Lenovo Infrastructure Solutions Group.
  • Across its solutions, Lenovo is helping customers harness the value of their data through its TruScale Infrastructure as a Service, providing Lenovo’s data management via a pay-as-you-go model for ultimate flexibility.

HAGENS BERMAN, NATIONAL TRIAL ATTORNEYS, Reminds Seagate Technology (STX) Investors with Substantial Losses to Contact Firm’s Attorneys, Securities Fraud Class Action Filed

Retrieved on: 
Monday, July 17, 2023

Seagate Technology Holdings plc (STX) Securities Fraud Class Action:

Key Points: 
  • Seagate Technology Holdings plc (STX) Securities Fraud Class Action:
    The litigation focuses on Seagate’s past assurances that it complied with the U.S.
  • These companies are contained in the U.S Commerce Department’s Bureau of Industry and Security (“BIS”) Entity List.
  • “We’re focused on investors’ losses and proving Seagate recorded illegal revenues when putting profits over U.S. national security interests,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
  • If you invested in Seagate and have substantial losses, or have knowledge that may assist the firm’s investigation, click here to discuss your legal rights with Hagens Berman .

Seagate Technology Holdings plc: Please contact the Portnoy Law Firm to recover your losses; September 8, 2023 deadline

Retrieved on: 
Thursday, July 13, 2023

LOS ANGELES, July 13, 2023 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Seagate Technology Holdings plc (“Seagate” or the “Company”) (NASDAQ: STX) investors that a lawsuit filed on behalf of investors that purchased Seagate securities between September 15, 2020 and October 25, 2022, both dates inclusive (the “Class Period”).

Key Points: 
  • The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.
  • The lawsuit claims that Seagate engaged in actions that were materially false and/or misleading, or that they failed to disclose significant negative information.
  • b) The lawsuit alleges that Seagate's HDD manufacturing process involved the use of covered U.S. software and technology in crucial "production" processes.
  • The Portnoy Law Firm represents investors in pursuing claims against caused by corporate wrongdoing.