HP Inc. Class Action Lawsuit - HPQ

(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.

In order to be eligible to join the HPQ class action lawsuit, you must have incurred a loss on shares of HP purchased during the class period listed above.

If you suffered a loss in HP during the relevant time frame or pursuant to the relevant offering(s), you have until January 4, 2021 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.