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Icahn, Xerox Investors Settle Nixed HP Merger Suit For $2.2M

Law 360

million to Xerox under an agreement reached with a pair of the company's stockholders, who accused the billionaire investor in a consolidated shareholder derivative lawsuit of trading on non-public information regarding Xerox's now-doomed bid to acquire HP Inc. Carl Icahn will pay $2.2 for $33 billion.

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$18M HP Age Bias Deal Gets Initial Green Light

Law 360

A California federal judge gave the initial nod Thursday to an $18 million settlement agreement between a group of former employees and technology giants HP Inc. a deal aiming to resolve claims that the company pushed out older workers. and Hewlett Packard Enterprise Co.,

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HP Taps Yahoo GC As Its Next Chief Legal Officer

Law 360

Yahoo's general counsel, who also has worked in-house at Verizon Media and AOL, will join HP Inc. next month to lead the legal team, according to an internal company memo shared with Law360 on Monday.

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HP Investor Attys Get $1.9M Fee For Supply Glut Deal

Law 360

Attorneys from Kessler Topaz Meltzer & Check LLP and Bernstein Litowitz Berger & Grossmann LLP will receive nearly $2 million for their work representing investors in technology company HP Inc. in a proposed class action alleging it mischaracterized how it managed inventory and recorded sales, according to a Wednesday order.

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HP, Investors Agree To End Supply Glut Suit For $10.5M

Law 360

Investors in technology company HP Inc. million settlement deal to resolve consolidated proposed class action claims the company misrepresented aspects of its inventory management and sales practices. have asked a San Francisco federal judge to give an initial green light to a $10.5

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Cisco Trade Secret Sanction Bid Says HP Unit Wiped Evidence

Law 360

Cisco Systems Inc. urged a California federal court to punish HP-owned electronics company Plantronics Inc. for not preventing the auto-deletion of evidence it says is critical to its trade secret case against the rival and a former employee who jumped ship and took confidential documents to the competitor with him.

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Investor Hits HP With Suit Over $6M SEC Fine, Investigation

Law 360

An investor in HP Inc. has filed a derivative securities suit against current and former directors and officers of the computer and printer company, alleging they made misleading statements and oversaw sales practices that resulted in a U.S. Securities and Exchange Commission investigation.

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