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Ex-Autonomy CFO opposes HP shareholder settlement

21
Jul
2014

(Reuters) – A former chief financial officer of Autonomy Corp is opposing a settlement between Hewlett-Packard Co executives and directors and the companys shareholders over HPs troubled $11.1 billion acquisition of the British software company. In a Monday court filing, former CFO Sushovan Hussain called the settlement collusive and unfair because it would shield HP officials from scrutiny and any blame over the Autonomy purchase, which resulted in an $8.8 billion writedown. …

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