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Cement & Concrete Workers District Council Pension Fund v. Hewlett Packard Company et al
Case Number:
3:12-cv-04115
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June 26, 2014
HP Escapes Shareholder Suit Targeting Former CEO
A California federal judge on Wednesday tossed a proposed shareholder class action claiming Hewlett Packard Co. stock prices dipped after CEO Mark Hurd was ousted over his relationship with a female contractor, ruling that it failed to adequately allege materiality and falsity.
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May 29, 2014
CORRECTED: HP Wants Investor Suit Over Ex-CEO's Misconduct Tossed
Hewlett Packard Co. urged a California federal judge on Thursday to chuck a proposed shareholder class action claiming stock prices dipped after CEO Mark Hurd was ousted over his relationship with a female contractor, arguing investors haven't shown they relied on company statements suggesting Hurd followed HP's code of ethics. (Correction: An earlier story mischaracterized the nature of Hurd’s relationship with Fisher. The error has been corrected.)
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August 09, 2013
HP Escapes Shareholder Suit Targeting Former CEO
A California federal judge denied a proposed class action against Hewlett Packard Co. over former CEO Mark Hurd's behavior in the lead-up to his high-profile exit from HP, ruling Friday that a pension fund failed to satisfy materiality requirements for a securities fraud claim.