HP faces expanded civil lawsuit in spying case
A shareholder lawsuit against Hewlett-Packard Co. (HP) for attempting to spy on board members and reporters has been expanded to include charges of insider stock trading.
An amended complaint filed yesterday in the Superior Court of California for Santa Clara County accuses HP Chairman and CEO Mark Hurd and seven other company executives of selling $41.3 million worth of HP stock at "inflated prices" shortly before the company revealed that its investigators had used questionable and possibly illegal techniques to gain access to personal records such as phone call logs.
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