HP, Whitman Must Face Investor Suit Over Autonomy – Bloomberg

U.S. District Judge Charles Breyer in San Francisco said today investors can proceed with claims against Whitman over statements she made in May and June of 2012 about the British software company. Whitman “omitted material information which the complaint alleges she possessed at the time, namely that she was considering accounting fraud at Autonomy” as the explanation for its weak performance, Breyer said in a ruling.

via HP, Whitman Must Face Investor Suit Over Autonomy – Bloomberg