U.S. Judge Casts Doubt On HP-shareholder Settlement In Autonomy Lawsuit
A U.S. judge cast doubt on Monday over a proposed agreement struck between Hewlett Packard and plaintiff shareholders to settle a lawsuit over the computing giant’s botched acquisition of Autonomy. At a hearing on Monday in San Francisco federal court, U.S. District Judge Charles Breyer said the settlement contained a “potentially fatal” provision, under which HP would hire shareholder attorneys to pursue claims against ex-Autonomy executives.
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