News Summary: HP shareholder sues company, execs
Published: November 26, 2012
Leave a comment
LEGAL SALVO: A Hewlett-Packard Co. shareholder has filed a lawsuit alleging the company's executives concealed major problems that have turned two key acquisitions into financial albatrosses.
Advertisement
POINT OF CONTENTION: The complaint filed Monday in a San Francisco federal court focuses on the troubles that have saddled the technology company with billions in losses since it bought consulting service Electronic Data Systems in 2008 and business software maker Autonomy in 2011.
MARKET CARNAGE: The disappointing performances of EDS and Autonomy are partly responsible for HP's stock having lost half its value so far this year.
If you prefer your thoughts to appear in The Oklahoman's Opinion section, we encourage you to submit a letter to the editor.
Mortgage Rates Hit 2.50%
If you owe under $729k you may qualify for 2.90% APR Govt Refi Plans.
www.SeeRefinanceRates.com
If you owe under $729k you may qualify for 2.90% APR Govt Refi Plans.
www.SeeRefinanceRates.com
New Rule in OKLAHOMA:
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
(APR 2013): If You Pay For Car Insurance You Better Read This...
www.ConsumerFinanceDaily.com
Prev
