News Byte

Mark Hurd Appeals Order to Release the Fisher Letter

Oracle President Mark Hurd has appealed a ruling by a judge in Delaware ordering the public release of a redacted version of the letter that brought an end to his tenure as CEO of Hewlett-Packard, according to Bloomberg News. On March 17, Delaware Chancery Court Judge Donald Parsons Jr. ordered HP to release the letter as part of an ongoing shareholder suit against that company. Hurd’s lawyers have appealed to the Delaware Supreme Court. Hurd has argued that the letter, which contains contractor Jodie Fisher’s allegations of sexual harassment, is personal.

Apple Sells Off on Holder Suit; Feeling Jumpy, Are We?

Apple (APPL) shareholders: you need to get a grip. On Wednesday, AAPL sold off on news that the company, CEO Steve Jobs, former CFO Fred Anderson, former general counsel Nancy Heinen and several Apple board members were hit with a purported class-action lawsuit in federal court in San Jose related to the company’s stock-options backdating scandal.