Securities fraud litigation history and active cases
Active Cases
0
Pending Settlement
1
Closed
0
Total Settlement
$11M
Hub Cyber Security Ltd. (HUBC) Class Action Lawsuit (July 2023)Pending Settlement
1:23cv5764 • July 6, 2023
Class Period Start
March 1, 2023
Class Period End
July 31, 2023
PSLRA Deadline
September 5, 2023
Case Allegations
10b5 + Sec11
10b-5 Statutes of Repose
Mar 1, 2026
Sec11 Statutes of Repose
Mar 1, 2026
Country
United States
Court
Federal Court
Settlement Information
Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.
Claim Deadline
May 13, 2026
Settlement Fund
$11,000,000
Settlement Status
Final Approval
Settlement Class
All persons or entities that purchased (i) holders of Mount Rainier securities or Legacy Hub securities that were converted into Hub Securities on or about March 1, 2023 as part of the Business Combination; and (ii) all persons and entities that purchased Hub Securities in the open market during the period from March 1, 2023 through July 31, 2023, both dates inclusive, and were damaged thereby.
Claim Administrator
Strategic Claims Services
P.O. Box 230
600 N. Jackson St., Ste. 205
Media, PA 19063
+1 866-274-4004
[email protected]
Settlement Website
https://hubsecuritiessettlement.com/Hearing Date
June 29, 2026
Opt-out Deadline
June 1, 2026
Settlement Note
Download hereProof Of Claim
Download here
Docket History
Jul 27, 2026
Final Approval of Settlement
May 22, 2026
Motion for Final Approval of Settlement
Dec 10, 2025
Preliminary Approval of Settlement
Dec 10, 2025
Notice of Pendency
Dec 10, 2025
Proof of Claim Form
Dec 9, 2025
Motion for Preliminary Approval of Settlement
Mar 20, 2025
Motion to Dismiss Denied in Part
May 31, 2024
Motion to Dismiss
May 31, 2024
Motion to Dismiss
Apr 12, 2024
Motion to Dismiss
Jan 26, 2024
First Amended Complaint
Nov 8, 2023
Appointment of Lead Plaintiff
Jul 31, 2023
Additional Complaint
Jul 6, 2023
First Filed Complaint
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