Hewlett Packard

A&A

Hewlett Packard Faces $1 Billion Lawsuit from Shareholders

Hewlett Packard (HP) shareholders are suing the company for $1 billion over the "vastly overvalued" acquisition of the British software firm Autonomy. According to claims brought against the multinational, HP tried to pull out of its $11.1 billion takeover of Autonomy before the deal closed.