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HP Skates Away From SEC Charges

Posted by Zonk on from the that-is-some-good-lawyering-right-there dept.

theodp writes "The SEC has dropping charges against HP, in return for some small concessions. The company was originally charged with improperly depriving investors of important information, violating the public reporting requirements of the Securities Exchange Act, and failing to disclose the full impact of an out-of-control press leak investigation. In return for the dropped charges, the computer maker simply agreed to cease and desist from doing similar acts in the future, without admitting or denying having done so in the past. 'HP acted in what it believed to be a proper manner,' said the company in a press release."

3 of 80 comments (clear)

  1. In summary... by RandoX · · Score: 4, Funny

    ...Go ahead and break the law. We'll let you off if you promise not to do it again.

    I hope they at least made them pinky-swear.

  2. Re:Obligatory: Editors... by eviloverlordx · · Score: 2, Funny

    Slashdot does have editors, right?


    You must be new here.
    --
    'Loose' is when your pants are three sizes too big. 'Lose' is when you misuse 'loose'.
  3. Re:Did they have those shoes with built in skates? by goldspider · · Score: 2, Funny

    "Do you profit from supporting the status quo?"

    You really aught to put that in your sig. You add that snide personal attack to everything you post, it seems.

    --
    "Ask not what your country can do for you." --John F. Kennedy