toggle

AAPL Stock: 118.4 ( -2.9 )

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

Connect with Us

FREE Apple, iPhone and Mac Newsletter

  • We will not share your email address with anyone.

    Follow us on Facebook

    toggle

    Most Popular

    Advertisement

    Recent Reviews

    HP 14-x030nr 14-inch Chromebook

    If you're like us, chances are you've come to realize that you need the ability to access the Internet on the go. Also, you've prob ...

    15-inch MacBook Pro with Force Touch

    Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

    Typo keyboard for iPad

    Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

    toggle

    Most Commented