HUB Cyber Security Settles Legacy Class Action for $11 Million

Reuters12-11

HUB Cyber Security Settles Legacy Class Action for $11 Million

HUB Cyber Security Ltd., a global leader in confidential computing and secured data fabric technologies, has announced the successful settlement of a legacy U.S. securities class action related to its 2023 IPO. The settlement, totaling $11 million and subject to final court approval, aims to resolve outstanding litigation and remove barriers to the company's operations. With the resolution of this case, HUB Cyber Security plans to focus on expanding its business and advancing its mission to secure digital infrastructure for organizations worldwide.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HUB Cyber Security Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9600250-en) on December 10, 2025, and is solely responsible for the information contained therein.

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