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Laffen v. Hewlett-Packard Company, Plan Committee Investment Review Committee et al

  1. January 12, 2018

    9th Circ. Affirms Toss Of Suit Over HP's $11B Autonomy Buy

    The Ninth Circuit on Friday affirmed the dismissal of a putative class action accusing the retirement plan review committee of Hewlett-Packard Co. and others of failing to disclose problems relating to HP's disastrous $11 billion purchase of Autonomy Corp., finding that the concealed data presented by the class was inconsistent with the whistleblower information that ultimately altered the purchase price.

  2. June 16, 2015

    HP Again Dodges ERISA Suit Over $11B Autonomy Buy

    A California federal judge on Monday tossed a putative class action accusing the retirement plan review committee of Hewlett-Packard Co. and others of failing to disclose problems relating to HP's disastrous $11 billion purchase of Autonomy Corp., ruling that the evidence didn't support plaintiffs' Employee Retirement Income Security Act suit.

  3. February 13, 2015

    HP Was Right To Keep Autonomy Probe To Itself, Judge Told

    Hewlett-Packard Co.'s retirement plan review committee urged a California federal judge Friday to toss a proposed class action claiming the company's disastrous $11 billion purchase of Autonomy Corp. harmed the plan's beneficiaries, arguing it had no duty to stop selling plan shares while investigating fraud allegations at Autonomy.

  4. April 03, 2014

    HP Dodges ERISA Suit Over Troubled $11B Autonomy Buy

    A California federal judge on Wednesday threw out a proposed class action claiming Hewlett-Packard Co.'s ill-fated $11 billion purchase of Autonomy Corp. harmed HP's employee retirement plan beneficiaries, finding the workers failed to overcome the presumption of prudent investment.

  5. February 28, 2014

    HP Executives Didn't Breach Fiduciary Duty, Judge Hears

    Hewlett-Packard Co. urged a California federal judge on Friday to toss a proposed class action claiming the company's ill-fated $11 billion purchase of Autonomy Corp. harmed HP's employee retirement plan beneficiaries, arguing there's no evidence that the company failed in its fiduciary duty to the plaintiffs.

  6. August 19, 2013

    Former HP Counsel Wants Out Of 401(K) Class Action

    A former general counsel for Hewlett-Packard Co. on Friday urged a California federal judge to release him from a putative class action accusing the company of failing to inform 401(k) plan participants of HP's plummeting stock value, saying that the alleged conduct occurred after he left.