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In re Hewlett-Packard Company Securities Litigation
Case Number:
8:11-cv-01404
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
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March 31, 2014
Shareholders Move To Settle HP Suit For $57M
Hewlett-Packard Co. will pay $57 million to settle a putative class action claiming its executives misrepresented the company's plans for the WebOS operating system after it bought Palm Inc., according to a proposed settlement filed in California federal court on Monday.
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June 18, 2013
Judge Won't Revisit HP Investor Claims Over WebOS Flop
A California federal judge on Monday refused to reconsider his decision allowing several claims to go forward in a class action accusing Hewlett-Packard Co. executives of misleading investors about the company's commitment to the WebOS operating system it acquired along with Palm Inc. in 2010.
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May 10, 2013
HP Can't Quite Beat Investor Claims Over Nixing WebOS
A California federal judge left intact several claims that Hewlett-Packard Co. executives misrepresented the company's plans for the WebOS operating system after it bought Palm Inc., but did trim the bulk of the allegations from the putative shareholder class action.
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September 04, 2012
HP Beats Securities Suit Over $1.3B Palm Acquisition
A California federal court last week followed through with the tentative dismissal of a putative class action over Hewlett-Packard Co.'s failure to implement webOS on its computers and mobile devices after its $1.3 billion purchase of Palm Inc., finding HP's alleged misstatements to shareholders are shielded by securities law.
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August 27, 2012
HP Close To Escaping Investor Suit Over WebOS Failure
A California federal judge on Monday tentatively dismissed a proposed class action over Hewlett-Packard Co.'s failure to implement WebOS on its computers and mobile devices after its $1.3 billion purchase of Palm Inc., saying HP's alleged misstatements to shareholders concerning the operating system are shielded by securities law.
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September 15, 2011
HP Misled Investors About Palm, PC Unit: Suit
Hewlett-Packard Co. was hit with a putative class action Tuesday claiming the PC maker misrepresented its acquisition of Palm Inc. as integral to the company's future before abruptly abandoning its Palm devices in August, resulting in a historic 20 percent stock drop.