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REDDIT

$HUBC auditor quit, stock dropped 85%, Wednesday is the deadline

J
May 11, 2026 · 15:44

No long post. Just the facts.

Israeli cybersecurity company goes public via SPAC in March 2023. Five months later the auditor resigns. Two months after that*,* material weaknesses in internal controls. Stock collapses **85%** from post-merger highs. $11M settlement reached.

**Deadline is May 13. This Wednesday.**

Eligible if you bought $HUBC between **March 1 – July 31, 2023.** [Submit your claim](http://11th.com/cases/hubcybersecurity-investor-settlement)

Auditor resignations are always the tell. Anyone here catch this one on the way down?

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