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Old 11-30-2006, 11:15 PM   #1
TopHosts NewsMan
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Post HP Faces Expanded Civil Lawsuit In Spying Case

narramissic writes "ITworld is reporting that a shareholder lawsuit against HP for pretexting has been expanded to include charges of insider stock trading. On top of everything else, eight executives implicated in the spying ring also participated in the sale of 1.7 million shares of the company." From the article: "An amended complaint filed Wednesday in the Superior Court of California for Santa Clara County accuses HP Chairman and Chief Executive Officer Mark Hurd and seven other company executives of selling $41.3 million worth of HP stock at 'inflated prices' shortly before the company revealed that its investigators had used questionable and possibly illegal techniques to gain access to personal records such as phone call logs."



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