Cincinnati, Ohio (PRWEB) November 21, 2012
The law firm of Statman, Harris & Eyrich, LLC is investigating possible claims against Hewlett-Packard (“HP”), related to news reported on http://www.latimes.com on November 20, 2012 (the “Times Article”), that an internal HP investigation revealed accounting fraud by Autonomy, a company HP acquired last year for more than $10 billion. HP announced a non-cash impairment charge of $8.8 billion related to Autonomy in the fourth quarter of its 2012 fiscal year. The majority of the impairment charge is linked to serious accounting improprieties, misrepresentation and disclosure failures. According to the Times Article, shares of HP stock was down 10.8% on November 20 2012. Shareholders who incurred losses in their purchases of HP stock are encouraged to contact the firm to discuss their legal rights.
Individuals who wish to discuss this action, would like more information about serving as lead plaintiff, or have any questions concerning their rights or interests with respect to these matters, are encouraged to contact Brian Giles, Esq. at (513) 345-8181 or at classaction(at)statmanharris(dot)com for further information without any obligation or cost.
Statman, Harris & Eyrich, LLC, which has significant experience in consumer and securities fraud class actions and derivative litigation, has offices in Chicago, Illinois; Cincinnati, Ohio; Dayton, Ohio; Detroit, Michigan and Sarasota, Florida. http://www.statmanharris.com Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Statman, Harris & Eyrich, LLC
Brian Giles Esq.
441 Vine Street, Suite 3700
Cincinnati, Ohio 45202
Phone: (513) 345-8181