HP Sued by Investor
Claims company executives misled on bad acquisitions that lost billions
A Hewlett-Packard shareholder has filed a lawsuit alleging the troubled technology company's top executives misled investors about two key acquisitions that have caused billions of dollars in losses.
The complaint filed Monday in a San Francisco federal court comes after Hewlett-Packard Co. stunned Wall Street last week with its own allegations of accounting shenanigans at Autonomy, a business software maker it acquired for $10 billion last year.