Hub Cyber Security Successfully Settles Legacy Class Action Litigation and Removes Structural Friction to Accelerate Execution
Hub Cyber Security Ltd. - Ordinary Shares (HUBC)
Company Research
Source: GlobeNewswire
TEL AVIV, Israel, Dec. 10, 2025 (GLOBE NEWSWIRE) -- HUB Cyber Security Ltd. (Nasdaq: HUBC) (“HUB” or the “Company”), a global leader in confidential computing and secured data fabric technologies, today announced a successful settlement which is intended to resolve the legacy U.S. securities class action related to its 2023 IPO. The settlement, which is subject to final court approval, is designed to close a legacy litigation chapter for a total consideration of $11 million, removing a structural barrier and enabling the Company to operate and focus on its growing business with uncompromised priority. The settlement agreement contemplates a payment of $11 million, financed primarily by HUB’s insurance carriers, ensuring the Company’s cash outlay is thoughtfully addressed, supporting operational priorities and continued execution. HUB has been represented in these proceedings by the law firm, Pillsbury Winthrop Shaw Pittman. HUB believes that the settlement of this legacy class act
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News
- HUB Cyber Security Announces Deepening of Engagement With Leading European Financial Institution [Yahoo! Finance]Yahoo! Finance
- HUB Cyber Security Announces Deepening of Engagement With Leading European Financial InstitutionGlobeNewswire
- Hub Cyber Security Successfully Settles Legacy Class Action Litigation and Removes Structural Friction to Accelerate Execution [Yahoo! Finance]Yahoo! Finance
- HUB Cyber Security Announces Major Commercial Win Following New Agreement With Leading Aerospace & Defense ManufacturerGlobeNewswire
- HUB Cyber Security Completes Financial Overhaul, Restructuring More Than 75% of Legacy Obligations and Enabling Long-Cycle ExecutionGlobeNewswire
HUBC
Sec Filings
- 11/14/25 - Form 6-K
- 11/10/25 - Form 6-K
- HUBC's page on the SEC website