Error
  • JUser::_load: Unable to load user with id: 67

Featured Articles

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

Snapdragon 400 is Qualcomm’s SoC for watches, wearables

We wanted to learn a bit more about Qualcomm's plans for wearables and it turns out that the company believes its…

More...
Qualcomm sampling 20nm Snapdragon 810

Qualcomm sampling 20nm Snapdragon 810

We had a chance to talk to Michelle Leyden-Li, Senior Director of Marketing, QCT at Qualcomm and get an update on…

More...
EVGA GTX 970 SC ACX 2.0 reviewed

EVGA GTX 970 SC ACX 2.0 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 24 May 2007 12:18

HP settles SEC claim

Written by
Image

Sorry

 

HP has settled a federal securities charge which claimed it illegally concealed the reason a director resigned.

SEC found that HP violated mandatory disclosure rules in the way it announced venture capitalist Tom Perkins' May 2006 resignation from the board.

According to Associated Press,HP will not be fined or even have to admit it did anything wrong.  It just has to promise it will never do it again.

Michael Holston, HP's executive vice president and general counsel said that HP acted in what it believed to be a proper manner.  But it understand and accepted the SEC's views.

Perkins quit in protest of the spying tactics used to ferret out the source of boardroom leaks to the media. HP didn't tell SEC why Perkins quit.

More here.

Last modified on Thursday, 24 May 2007 12:19

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments