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Calpers Urges Judge To Reject Settlement In Hp/autonomy Case

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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A Hewlett-Packard logo is seen at the company's Executive Briefing Center in Palo AltoSAN FRANCISCO (Reuters) - The California Public Employees' Retirement System has asked a U.S. judge to reject a proposed settlement between Hewlett-Packard Co and shareholders over the computing giant's botched acquisition of Autonomy Plc. In a letter to U.S. District Judge Charles Breyer dated Tuesday, CalPERS said the proposed civil settlement would leave shareholders "in the dark" on the amount of fees plaintiff attorneys would recover. HP announced a $8. ...




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