The reason for the problem is conflict between the Sprinter communication port and ALM JBoss connection port 8080.
The problem is fixed with one of below solutions:
Change the JBoss connection port from 8080 to another, for example 8081 – please check the installation guide for HP ALM.
Running below command in command prompt:
netsh http add iplisten ipaddress=<IP Address of your computer>:8080 (e.g.: netsh http add iplisten ipaddress=126.96.36.199:8080)
Required restart of the machine.