Slashdot Mirror


HP Board Sued Over Hurd Departure

Stoobalou writes "A shareholding company launched a lawsuit against Hewlett-Packard's board of directors earlier this week, claiming they bungled their fiduciary duties over the departure of CEO Mark Hurd. 'The HP board put shareholders' finances at risk by not telling them about the sexual harassment inquiry, and then later rewarded Hurd with an estimated $40 million severance package, the suit said. The board also failed to adequately police insider trading by HP executives, allowing Hurd and chief financial officer Cathie Lesjak to sell off HP stock in the midst of the inquiry, according to the suit, which was filed in California Superior Court.'" HP is also facing increased scrutiny from the unrelated bribery probe that began earlier this year when their Moscow offices were raided.

5 of 136 comments (clear)

  1. Re:You don't get it by cosm · · Score: 4, Informative

    Not necessarily. Retail PC's have some of the smallest profit margins, much of the bloat you see is there because its one of the few ways they can still get money (through the bloat providers). HP is no different that the majority of mainstream manufacturers. If you go to your local Best Buy, and pull the side of the case of a random sampling of machines, you will find that the only difference between most of them is the case. Internals tend to come from the same Chinese manufacturers owned by the same Japanese companies filled with investors from the same globalist corporations. Singling out HP in your "sucks" rant is a bit unfair, because these practices tend to be SOP for the majority of PC manufacturers.

    My advice. If you have any inkling of hardware knowledge, download the PC Gamer Building Bible, get out your Phillips, and enjoy the fruits of your labor. And if your doing the "family support" thing, reformat their machine for them with a clean OS install, setup a back-up routine, and install some LogMeIn free. Your headaches will slowly go away.

    A side anecdote, when I used to work at Circuit City, our managers would push us to sell an "Optimization Service" on brand new desktops and laptops, a service whose sole purpose was to remove the 3rd party bloat. I have never clicked uninstall more in my life (except for times I accidentally allowed an apple software update, sorry fanbois but dammit if they wont try to install their Bonjour, Itunes, and QuickTime on every machine on the planet to the grave.).

    --
    'We are trying to prove ourselves wrong as quickly as possible, because only in that way can we find progress.' RPF
  2. Re:You don't get it by Gr33nNight · · Score: 5, Informative

    You downloaded the wrong driver. You can download the entire printer driver suite which is 400 megs or just the plain vanilla driver which is around 5 megs. Not HP's fault you can't read.

  3. Re:HOW much of a golden parachute? by Bigjeff5 · · Score: 3, Informative

    You do realize Hurd saved HP billions of dollars, right? He turned that company around.

    Frankly, $40mil is not a bad deal for what they got.

    The only real downside is he acted like a dumbass and they had to fire him to save face. They still need his help over there.

    --
    Security is mostly a superstition... Avoiding danger is no safer in the long run than outright exposure. - Helen Keller
  4. Re:You don't get it by Ephemeriis · · Score: 3, Informative

    You downloaded the wrong driver. You can download the entire printer driver suite which is 400 megs or just the plain vanilla driver which is around 5 megs. Not HP's fault you can't read.

    It honestly depends on the printer.

    Some of them don't offer a "basic" driver download... And even some of the "basic" driver downloads are inordinately large.

    --
    "Work is the curse of the drinking classes." -Oscar Wilde
  5. Re:You don't get it by MozeeToby · · Score: 5, Informative

    Here is the driver for an entry level multifunction printer. Look under "HP Deskjet Basic Drivers"

    Thinking more of business grade devices? Here is the driver for a business grade multifunction printer. Again, look under "HP Officejet Basic Print and Scan Driver"

    I'm sorry to say it, but you are empirically wrong.