PALO ALTO, CA--(Marketwired - Jun 9, 2015) - Hewlett-Packard Company ("HP") (
Under the terms of the settlement, HP's insurance will pay $100 million to a settlement fund that will be used to compensate persons who purchased HP shares during the period from August 19, 2011 through November 20, 2012. No individual is contributing to the settlement. HP and its current and former officers, directors, and advisors will be released from any Autonomy-related securities claims as part of the settlement.
The settled lawsuit is In re HP Securities Litigation, C-12-5980, which is pending in the United States District Court for the Northern District of California. The settlement is subject to court approval.
About HP
HP creates new possibilities for technology to have a meaningful impact on people, businesses, governments and society. With the broadest technology portfolio spanning printing, personal systems, software, services and IT infrastructure, HP delivers solutions for customers' most complex challenges in every region of the world. More information about HP is available at http://www.hp.com.
© 2015 Hewlett-Packard Development Company, L.P. The information contained herein is subject to change without notice. The only warranties for HP products and services are set forth in the express warranty statements accompanying such products and services. Nothing herein should be construed as constituting an additional warranty. HP shall not be liable for technical or editorial errors or omissions contained herein.
Contact Information:
Editorial contacts
Sarah Pompei
US HP
sarah.pompei@hp.com
www.hp.com/go/newsroom