HP Beats Back Derivative Suit Over Hurd Debacle

Hewlett-Packard has knocked out a shareholder derivative suit arising from the debacle that caused former CEO Mark Hurd to leave the company. A Delaware judge found that, although the amount of Hurd’s severance “may appear extremely rich or altogether distasteful to some,” it was “the product of a valid exercise in business judgment.”

View full post on Law.com – Newswire

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