More On

Judge dismisses shareholder suit against Mark Hurd, HP directors

Another judge tosses suit claiming ex-CEO’s payout was excessive

It’s déjà vu at Hewlett-Packard Co. (HP).

Just three months ago, the computer maker’s board of directors breathed a sigh of relief when a Delaware Chancery Court judge tossed a shareholder lawsuit claiming they wasted company money by agreeing to pay former CEO Mark Hurd $12.2 million in severance pay and nearly $35 million in vested stock.

Ashley Post

Bio and more articles

Join the Conversation

Advertisement. Closing in 15 seconds.