SEC Launches Probe Into Hurd's Exit From HP

Law360, New York (December 20, 2010, 8:09 PM EST) -- The U.S. Securities and Exchange Commission is reportedly conducting a wide-ranging investigation into former Hewlett-Packard Co. CEO Mark Hurd's stormy departure from the company, including allegations that he passed insider information about a corporate transaction to a contractor.

Citing people familiar with the matter, the Wall Street Journal reported Monday that the SEC was looking into whether Hurd passed along insider information regarding HP's $13.9 billion acquisition of technology consulting company Electronic Data Systems Corp. to the former contractor prior to the deal's announcement in 2008....
To view the full article, register now.