Wednesday, February 10, 2016
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Apple Music On Sonos Now Available
SUNY Poly and GLOBALFOUNDRIES Announce $500M Research ProgramTo Accelerate Chip Technology
Intel To Focus On Energy Comsumption On Future Chips
Micron Outlines GDDR5X Plans
Sony’s New Laser Projectors Deliver Quality And with Quiet Operation
The Pirate Bay Has Started Streaming Content
Samsung to Showcase Display Technologies at ISE 2016
Intel To Remove Overclocking Loophole In Skylake Processors
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
 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 Unveils $199 Chromebook For Education
HP Delivers New Sprout Pro For Education
HP Spectre x360 Gets 4K OLED Display, EliteBook Folio Notebook Updated
Hewlett Packard Enterprise Delivers New IoT Solutions
HP Profit Lower Than Expected
HP And Titan To Develop New Smartwatch
Updated HP Elite x2 Tablet Built for Business
HP Unveils Storage and Cooling Solutions For Desktop Workstations, Quad Core Workstation Ultrabooks
HP's Chromebook Gets A Makeover With High Resolution Displays and Colors
Dell, HP, Intel, Lenovo and Microsoft Unite to Promote The PC
HP and 3M to Combat Visual Hacking With Integrated Screen Privacy Solution for PCs
HP Unveils Windows 10 Computers In New Form Factors and Designs

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2016 - All rights reserved -
Privacy policy - Contact Us .