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Walter Hewlett Declares Votes Unfair
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Posted by: TotalRecall
Walter Hewlett came forward today with legal arguments against Hewlett Packard stating that HP did not disclose an accurate representation of facts:
The brief was filed Friday, in lieu of a closing argument in Hewlett's lawsuit against HP, but a version was not made public until Monday, after confidential information was edited from the 73-page document. HP filed a brief of its own Friday, arguing that Hewlett failed to prove his claims and asking the court for "public vindication" of CEO Carly Fiorina and CFO Bob Wayman.
Hewlett's lawyers wrote that "in the end the facts are pretty plain. The stockholder vote on the merger was neither free nor fair. The vote was tainted by material misrepresentations and omissions as well as a misuse of corporate patronage and should be set aside by this Court."
C|Net has the news.
Posted by: SKYHN
The man built that company and they are screwing him. Such a shame.
Posted by: Digitalphatman
 Quote:
Originally posted by SKYHN
The man built that company and they are screwing him. Such a shame.
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I dunno about that, but i sure hope that they do not merge. I think it would bad for HP.
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