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HPQ ALERT: The Klein Law Firm Announces a Lead Plaintiff Deadline of January 4, 2021 in the Class Action Filed on Behalf of HP Inc. Limited Shareholders

Newsfile Corp.
·2 min read

New York, New York--(Newsfile Corp. - January 4, 2021) - The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of HP Inc. (NYSE: HPQ) alleging that the Company violated federal securities laws.

Class Period: November 6, 2015 and June 21, 2016
Lead Plaintiff Deadline: January 4, 2021

Learn more about your recoverable losses in HPQ:
http://www.kleinstocklaw.com/pslra-1/hp-inc-loss-submission-form-2?id=11928&from=5

The filed complaint alleges that HP Inc. made materially false and/or misleading statements and/or failed to disclose that: (a) HP's channel inventory management and sales practices resulted in the sale of supplies to customers that did not need or want the product in order to artificially increase revenues and profits; (b) HP's channel inventory management and sales practices resulted in the sale of supplies to customers outside of designated regions at unsustainable discounts in order to artificially increase revenues and profits; (c) HP's channel inventory management and sales practices resulted in the sale of supplies at steep discounts to customers to encourage those customers to sell the supplies further down the supply channel, out of HP's inventory management metrics; and (d) as a result of (a)-(c) above, defendants' statements about HP's business condition and prospects were materially false and misleading when made.

Shareholders have until January 4, 2021 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

For additional information about the HPQ lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click the link above.

J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
Fax: (347) 558-9665
www.kleinstocklaw.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/71324