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The U.S. company had been seeking compensation over its acquisition of British tech firm Autonomy amid claims of fraud masterminded by its co-founder Mike Lynch to inflate the company's value. HP ...
Hewlett-Packard broke into two companies — Hewlett Packard Enterprise and HP — in 2015. An HPE spokesperson said Monday that the company would continue to pursue the lawsuit, which seeks $4 ...
HP's lawsuit against Lynch — still churning in the background — finally went to trial in 2019. Apotheker testified he would have abandoned the Autonomy acquisition if he had a better ...
Three lawsuits were brought by shareholders against HP, for the fall in value of HP shares. In August 2014, a United States district court judge threw out a proposed settlement involving a fee of up to $48 million: Autonomy's previous management had argued the settlement would be collusive and was intended to divert scrutiny of HP executives ...
[32] [33] [34] HP then sued Hurd, claiming he would violate agreements to protect HP's secrets by assuming that high-level role at Oracle; the lawsuit was settled two weeks later, with Hurd giving up about half the compensation owed him by HP. [35] Hurd revamped the company's sales department in 2013, a process that had initially started two ...
Hewlett Packard Enterprise announced one year ago that it was buying Juniper Networks for $40 a share in a deal expected to double HPE’s networking business. In its complaint, the government painted a picture of Hewlett Packard Enterprise as a company desperate to keep up with a smaller rival that was taking its business.
The media descended upon HP headquarters on September 22, 2006. On September 5, 2006, Newsweek revealed [1] that the general counsel of Hewlett-Packard, at the behest of HP chairwoman Patricia Dunn, had contracted a team of independent security experts to investigate board members and several journalists in order to identify the source of an information leak. [2]
Hewlett Packard moved to end speculation ... formerly known as HP, won a civil trial against Lynch in the U.K. in 2022 after a judge ruled that he was likely aware of accounting fraud at the company.