HP Investor Wants Report That Led To Ex-CEO's Exit

Law360, New York (February 18, 2011, 4:06 PM EST) -- A Hewlett-Packard Co. shareholder wants access to a confidential report detailing law firm Covington & Burling LLP’s investigation into the sexual harassment allegations that prompted ex-CEO Mark Hurd’s departure.

The release of the report is essential to determine whether the board acted properly in allowing Hurd to resign rather than firing him, which could have saved the computer maker up to $40 million in severance, shareholder Ernesto Espinoza argued in a court brief unsealed Thursday in the Delaware Court of Chancery.

Espinoza's lawsuit, filed in November,...
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