Court Grants Preliminary Approval to $10.5 Million Settlement in HP Securities Class Action


On April 7, U.S. District Judge Susan Illston issued an order granting preliminary approval to a settlement of a securities class action against HP. Although HP denies any liability or wrongdoing, it will pay certain shareholders $10.5 million to end claims that it misled investors by overestimating its supplies revenues. This case, In re HP

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