2 ms·
Hugely suspicious of this just a face value. HP are big enough to hire anyone they like to do due-dilligence. Where is the negligence claim on who they did hir
by harry8 5y ago
Hugely suspicious of this just a face value.
HP are big enough to hire anyone they like to do due-dilligence. Where is the negligence claim on who they did hire?
This was a listed company with audited financial statements. Where is the action against the auditors?
Americans generally hate hearing it but their courts a bit notorious for home-town decisions.
Anyway aside from that as Matt Levine is fond of telling us "Everything in the US is securities fraud." HP class action to follow. "The company management should have known it wasn't competent to do an acquisition and could be the victim of fraud to the tune of billions." I'll never get my head around an owner of the company joining the other owners of the company suing the company to be paid by the owners of the company.
edit: Never at all surprised to hear about financial dealings in the UK being potentially crooked.