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September 16, 2011 07:05 pm
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/kHh9yKLXhK4/Did-HP-Bilk-Its-Shareholders
Did HP Bilk Its Shareholders?
jfruhlinger writes "About a month ago, HP announced that it was getting out of the PC, tablet, and mobile phone business to focus on software services, at which point, rather predictably, HP's stock plunged. Obviously, HP's leadership had been working on this plan for some time before it was announced, which leads to the question: did they deliberately mislead their stockholders by not being more transparent? That's what a shareholder lawsuit against the company alleges. How the courts treat the suit could have interesting implications for how transparent public corporations need to be about future strategy."Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/kHh9yKLXhK4/Did-HP-Bilk-Its-Shareholders
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