HP's Legal Woes Mounting

August 12, 2010 at 3:10 pm PT

Hewlett-Packard is having another bad day. Not only is the Justice Department demanding internal records in connection with allegations that Hewlett-Packard (HPQ) execs paid bribes in Russia to win a plum contract, but a Connecticut law firm has filed a shareholder suit against the company’s board for failing to perform its fiduciary duties during the series of events that culminated in the resignation of CEO Mark Hurd last week. Hurd is also named as a defendant, as is his interim successor, Catherine Lesjak.

Tagged with board, bribes, Catherine Lesjak, digital, frontpage, H-P, hardware, Hewlett-Packard, HP, Justice Department, lawsuit, Mark Hurd, newsbyte, politics, Russia, sued

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