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Litigation

Nov. 27, 2013

Judge allows shareholder suit against HP, chief executive to proceed

A San Francisco judge allowed investors to continue pursuing claims against Hewlett-Packard Co. and its CEO and president Margaret "Meg" Whitman over the company's botched acquisition of Autonomy Corp.

By Hadley Robinson
Daily Journal Staff Writer

A San Francisco federal judge allowed a class of institutional investors to continue pursuing claims against Hewlett-Packard Co. and its CEO and president Margaret "Meg" Whitman over the company's botched acquisition of Autonomy Corp. and the subsequent $8.8 billion write down. But U.S. District Judge Charles R. Breyer cut loose the majority of current and former executives who were named in the suit.

Breyer found Whitma...

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