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9th Circ. Won't Revive HP Investors' Suit Over CEO Ethics, Law360

Thursday, January 19, 2017

A lower court properly tossed a proposed shareholder class action alleging Hewlett-Packard Co. and its ex-CEO Mark Hurd committed securities fraud by touting their high ethical standards while Hurd hid an illicit relationship with a company contractor, a Ninth Circuit panel ruled Thursday.

Hewlett-Packard Co. is represented by Morgan Lewis lawyers Marc J. Sonnenfeld, Karen Pieslak, Thomas M. Peterson, Joseph E. Floren, Robert E. Gooding, and Laura Hughes McNally.

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