The U.S. Securities and Exchange Commission has apparently opened an inquiry into former HP CEO Mark Hurd’s sudden departure from the company last August. The SEC is looking into whether Hurd leaked information about HP’s planned $13.9 billion acquisition of Electronic Data Systems to Jodie Fisher, an HP contract event coordinator. Hurd left HP after an internal investigation found he violated standards of business conduct by concealing a personal relationship with Fisher.
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SEC Probe Into Hurd's HP Exit Could Sting Oracle
Posted by: Rob Spiegel December 21, 2010 02:21 PMThe U.S. Securities and Exchange Commission has apparently opened an inquiry into former HP CEO Mark Hurd’s sudden departure from the company last August. The SEC is looking into whether Hurd leaked information about HP’s planned $13.9 billion acquisition of Electronic Data Systems to Jodie Fisher, an HP contract event coordinator. Hurd left HP after an internal investigation found he violated standards of business conduct by concealing a personal relationship with Fisher.