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  • 3 Post By ilovedessert
  • 1 Post By ilovedessert
  1.    #1  
    Hi all,

    Well this should leave bite marks on Leo's _____! LOL! See link

    Take care,

    Jay

    HP execs misled investors before August stock crash: lawsuit
    Published September 15, 2011
    | Reuters


    Read more: HP Execs Misled Investors Before August Stock Crash: Lawsuit | Fox Business

    HP Execs Misled Investors Before August Stock Crash: Lawsuit | Fox Business

    September 15, 2011 (Reuters) - Hewlett-Packard Co and top executives misled investors for months before unveiling a series of major decisions, such as the demise of the TouchPad, that hammered its shares, a shareholder alleged in a proposed class-action lawsuit filed this week.
    Shareholder Richard Gammel accuses the world's largest technology company of concealing the fact that its existing business model was not working and that webOS -- the operating software it inherited after buying Palm -- was no longer central to its business model.


    Read more:
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
    fxspec06, Titan078 and Rnp like this.
  2. #2  
    Leo can go _________________ (use your imagination to insert not very nice verb / phrase that fits here).

    He should just resign. Nobody likes him.
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  3.    #3  
    Hi all,

    Well it looks as if they will have another lawsuit to deal with, that's two and counting, see link.

    Take care,

    Jay

    Holzer Holzer & Fistel, LLC Announces Investigation into Potential Claims for Breach of Fiduciary Duties by Certain Officers and Directors of Hewlett-Packard Company

    Holzer Holzer & Fistel, LLC Announces Investigation into Potential Claims for Breach of Fiduciary Duties by Certain Officers and Directors of Hewlett-Packard Company - MarketWatch

    ATLANTA, Sep 15, 2011 (BUSINESS WIRE) -- Holzer Holzer & Fistel, LLC announces that it is investigating potential breaches of fiduciary duties by certain officers and directors of Hewlett-Packard Company ("HP" or the "Company")
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
  4.    #4  
    HI everyone,

    ...I want you to read the wording from investigation prior to a lawsuit in my second posting in this thread...

    Take care,

    Jay


    On September 13, 2011, an investor filed a class action lawsuit in the Central District of California alleging that HP violated the federal securities laws between November 22, 2010 and August 18, 2011 (the "Class Period"). The lawsuit alleges, among other things, that HP knew but failed to disclose that: (a) the Company was unable to leverage its extensive portfolio and scale of products and services in a strategically beneficial manner; (b) webOS, the TouchPad and the PC business were not central to HP's business model and webOS would not be integrated across the Company's entire product line; (c) the TouchPad hardware was inefficient, limiting the degree of effectiveness of the webOS operating system; and (d) based on the foregoing, defendants lacked a reasonable basis for their positive statements about HP's turnaround, revenue growth rates, market share, new product introductions, diluted EPS, and the Company's ability to deliver upon its long-term growth model.
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
  5.    #5  
    Quote Originally Posted by fxspec06 View Post
    Leo can go _________________ (use your imagination to insert not very nice verb / phrase that fits here).

    He should just resign. Nobody likes him.
    Hi all,

    Leo should resign or get pushed out....I wouldn't be surprised to see the stockholders openly revolt against Leo and the board...after all their investment took a huge pounding!

    Take care,

    Jay
    Please Support Research into Fibromyalgia, Chronic Pain and Spinal Injuries. If You Suffer from These, Consider Joining or Better Yet Forming a Support Group. No One Should Suffer from the Burden of Chronic Pain, Jay M. S. Founder, Leesburg Fibromyalgia/Resources Group
    Titan078 likes this.
  6. #6  
    I don't know why Leo not resign by himself. It is better then HP board fired him.
    If HP board not fired him, then surely something wrong with HP board people.
  7. #7  
    If HP board not fired him, then surely something wrong with HP board people.
    Yes, Leo choice some members to board...


    Best Regards...
    "If A Man Isn't Willing To Take Some Risk For His Opinions, Either His Opinions Are No Good Or He's No Good!" - Ezra Pound (Poet & Critic)
    (Happy A Lot, As A Good Carioca!)

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