CORRECTED: Judge Won’t Dismiss Whitman From Suit Over HP’s Autonomy Buy

Law360, Los Angeles (November 26, 2013, 9:33 PM EST) -- A California federal judge on Tuesday refused to dismiss claims against Hewlett-Packard Co. CEO Meg Whitman in a shareholder class action over the company's $11 billion acquisition of British software company Autonomy Corp., finding evidence she may have misled shareholders over the purchase.

U.S. District Judge Charles R. Breyer dismissed claims against HP executives Leo Apotheker, Raymond J. Lane, Michael R. Lynch, James T. Murrin and Shane V. Robison, saying the complaint didn't establish a plausible motive as to why they would have bought Autonomy for...
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Case Information

Case Title

In re HP Securities Litigation


Case Number

3:12-cv-05980

Court

California Northern

Nature of Suit

Securities/Commodities

Judge

Charles R. Breyer

Date Filed

November 26, 2012

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