A proposed securities class action alleging that Hub Cyber Security Ltd. made misstatements about embezzlement claims should settle for $11 million, investor plaintiffs told a New York federal district court.Read more in Financial Times: Hub Cyber Security Successfully Settles Legacy Class Action Litigation and Removes Structural Friction to Accelerate Execution >> HUB Cyber Security, 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.