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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. Did they have those shoes with built in skates? by Anonymous Coward · · Score: -1, Offtopic

    Because, man, those come in handy sometimes.

  2. Change the charges by ILuvRamen · · Score: -1, Offtopic

    If I was the prosecutor, I'd charge them with selling crappy computers with tons of useless HP junk installed on it. Oh and also, a lesser charge of too many blue lights on one laptop.

    --
    Google's Super Secret Search Algorithm: SELECT @search_results FROM internet WHERE @search_results = 'good'
  3. Vote: Republican So +1, Inspirational by Anonymous Coward · · Score: -1, Offtopic


    So they can finish the Contract ON America.

    Patriotically,
    Philboyd Studge