Processing .....please wait.. 
The article has been forwarded.... 
News >> General >>
Ex-HP CEO demands confidentiality of his letter
By siliconindia
|
Wednesday, 29 December 2010, 18:46 IST
Bangalore: HP's former Chief Executive, Mark Hurd, who recently joined Oracle as its President asked to intervene in a Delaware shareholder lawsuit as he tries to keep private a letter tied to his abrupt departure.
Hurd asked to become a party to a lawsuit brought by a shareholder against Hewlett-Packard for the narrow purpose of keeping under wraps a letter sent to him in a court documents filed on Tuesday. Whereas both the company and the shareholder have said they do not believe the letter should be considered confidential.
The shareholder lawsuit was brought by Ernesto Espinoza, who sued the company to inspect its books. Attorneys for Hurd did not immediately return a call for comment. Officials with Oracle and HP declined comment.
The Securities and Exchange Commission's investigation is on the process to find out the circumstances of Hurd's forced resignation in August, a surprising exit that triggered an immediate $9 billion drop in HP's market value and involved allegations of sexual harassment and inappropriate sharing of inside information.