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Litigation

Dec. 24, 2014

Future of shareholder suit against HP uncertain after judge rejects settlement

The future of shareholder litigation against Hewlett-Packard Co. for its fumbled acquisition of a British software company is uncertain after a federal judge axed an unusual settlement agreement.


By Hadley Robinson


Daily Journal Staff Writer


The future of shareholder litigation against Hewlett-Packard Co. for its fumbled acquisition of a British software company is uncertain after a federal judge axed an unusual settlement agreement.


U.S. District Judge Charles R. Breyer late Friday found that the deal let HP off the hook too much, because it released the computing company from liability extending beyond just claims related to the com...

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