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Hagens Berman Investigating Hewlett-Packard Board of Directors for Possible Breach of Fiduciary Duties in Acquisition ...

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Hagens Berman Sobol Shapiro LLP, a national shareholder-rights law firm, today announced an investigation of Hewlett-Packard Co. (NYSE:HPQ) (“HP”) and its board of directors for potential breaches of fiduciary duties in connection with the company’s acquisition of Autonomy Corp. PLC (“Autonomy”). On Nov. 20, 2012, HP announced its quarterly earnings, which included a quarterly loss and a $8.8 billion write down. The company said that HP’s acquisition of Autonomy, a British software firm HP purchased for $11.7 billion in Aug. 2011, contributed to the write down. Meg...

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