Saturday, April 25, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
LG Display Leads The OLED Market
China Telecom To Sell Phones With Alibaba
SK Hynix To Start Production Of 36-Layer 3D NAND Flash Chips
Apple Watch Available In Select Stores
Comcast Abandons Time Warner Cable Acquisition Bid
Luxottica To Release Hi-tech Glasses Powered By Intel
Toshiba Starts Mass Production of 13 Megapixel CMOS Image Sensor
ARM Details New Cortex-A72 Processor
Active Discussions
menu making
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > HP Warn...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 27, 2012
HP Warns Of Legal Action Against ex-Autonomy CEO


Responding to former Autonomy CEO Mike Lynch's request for details of its accusations against the British software firm and its former executives, HP said that it would follow the legal process.

On Tuesday, Lynch sent an open letter to HP's board asking for details of allegations that the U.S. company is leveling against him and other executives, that HP said last week led to an $8.8. billion charge. Lynch also asked for any documents that HP provided to the U.S. Securities and Exchange Commission.

Responding to Lynch, HP said the matter was in the hands of the authorities, including the UK Serious Fraud Office, the US Securities and Exchange Commission's Enforcement Division and the US Department of Justice, and that the company would defer to them as to how they wish to engage with Dr. Lynch. HP added that it would take legal action against the parties involved at the appropriate time.

HP announced last week that it has initiated an internal investigation into a series of "accounting improprieties, disclosure failures and outright misrepresentations" that the company alleges occurred prior to HP?s acquisition of Autonomy.


Previous
Next
Google Play Requires Google+ Names For User Reviews        All News        Cyber Monday Online Shopping Reaches All Time High
Google Play Requires Google+ Names For User Reviews     General Computing News      Cyber Monday Online Shopping Reaches All Time High

Get RSS feed Easy Print E-Mail this Message

Related News
HP Launches Back to School PCs With Fresh Designs
HP and FireEye Announce Alliance for Incident Response and Threat Services
HP And Bang & Olufsen to Bring Premium Sound to PCs
HP Delivers Open standards-based Servers
HP to Buy Aruba Networks
HP Introduces The Spectre x360 Convertible PC
HP Delivers Predictive Analytics at Big Data Scale
HP Led The Notebook Market In 2014
HP Refreshes Its Tablet Lineup
HP Takes Legal Actions Against Patent Infringing Inkjet Supplies
HP Announces new Mini Desktops And Workstation for the office
HP Debuts Virtual Reality Displays

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .