Subscribe to this page now.

Second HP shareholder lawsuit targets major audit firms

11/28, 8:41pm

Deloitte, KPMG charged with missing obvious signs

The saga surrounding HP's multi-billion dollar Autonomy write-down took new turns and added new players today, with the announcement of a second shareholder lawsuit over the faltering computer giant's acquisition of the British software firm. The new suit names not only HP's board of directors, officers, and former executives, but also Deloitte and KPMG, two of the Big Four audit firms, as defendants. The suit alleges that the firms missed multiple red flags that should have alerted them to flaws in Autonomy's accounting.

more

Advertisement

Electronista Newsletter

Free Technology and Gadgets Newsletter

  • We will not share your email address with anyone.

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    Seagate Wireless

    It seems like no matter how much internal storage is included today's mobile devices, we, as users, will always find a way to fill the ...

    Lenovo Yoga Tablet 2 (Android, 10.1-inch)

    Lenovo is building a bigger name for itself year after year, including its devices expanding beyond desktop computers. The company's l ...

    Brother HL-L8250CDN Color Laser Printer

    When it comes to selecting a printer, the process is not exactly something most people put a lot of thought into. Printers are often t ...

    Advertisement

    toggle

    Most Commented

     
    toggle

    Popular News