HP now target of a lawsuit over Autonomy troubles
In what could be the beginning of many lawsuits, Hewlett-Packard is now reportedly being sued by an investor over the brewing Autonomy kerfuffle.
Reuters reported today an investor is suing HP, claiming that the company knew its statements about its Autonomy acquisition were misleading, which led the stock to fall.
The proposed class action lawsuit, Nicolow v. Hewlett-Packard, was filed at the U.S. District Court, Northern District of California in San Francisco.
For reference, there is a lot of unrest surrounding HP after it was revealed that the tech giant lost $8.8 billion over its purchase of Autonomy … Read more
