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Litigation

Nov. 29, 2012

Hewlett-Packard faces shareholder lawsuit as FBI probes Autonomy acquisition

The litigation has officially started in the debacle of Hewlett-Packard Co.'s losing acquisition of Autonomy Corp. PLC last year that resulted in the Palo Alto-based company taking an $8.8 billion charge.


By Hadley Robinson


Daily Journal Staff Writer


The litigation has officially started in the debacle of Hewlett-Packard Co.'s losing acquisition of Autonomy Corp. PLC last year that resulted in the Palo Alto-based company taking an $8.8 billion hit to its valuation.


HP shareholder Allan J. Nicolow, represented by Robbins Geller Rudman & Dowd LLP, filed the first proposed class action against the company Monday for artificially inflating...

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