It was Thursday afternoon and the press was sweating: For three days no one new had decided to go after Hewlett-Packard’s board of directors for their recent descent into public ignominy.

Not to fear, though: At about 4 p.m., plaintiffs lawyer William Lerach joined Congress, the California attorney general, the San Francisco U.S. Attorney, and federal regulators. Representing an HP shareholder, Lerach filed a suit accusing board members and executives of breaching their fiduciary duty for a litany of reasons, including their ongoing use of top Silicon Valley lawyer Larry Sonsini.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]