HP to pay 57 million dollar settlement shareholder lawsuit

Hewlett-Packard will pay a 57 million dollar settlement shareholder lawsuit April 1 News, according to foreign media reports, Hewlett-Packard has agreed to pay 57 million U.S. dollars to reconcile the HP shareholder lawsuit. The plaintiff's lawyer was very pleased with the proposal, which would be deposited in a third party escrow account. It is reported that Hewlett-Packard former CEO Li Ai (Leo Apotheker) announced on August 18, 2011, plans to let the company focus on corporate services and products, may spin off the PC business, and announced the cancellation of the webOS project. It also halted a 7-week touchpad sale. HP shareholders are understandably confused by the idea that the company's former management has abandoned a business model that has long been able to help companies attract customers. They considered it a deception and subsequently filed a lawsuit. "HP hopes to reach a mutually acceptable resolution through mediation," said Sala Pim Pompei, Hewlett-Packard spokeswoman. "If the proposal was approved within 20 days by Andrew Guilford, the Santa Ana District Judge in California, HP would deposit 57 million dollars into a third-party escrow account," Andrew Gilford said. "We are very pleased with the settlement proposal and are delighted to receive this compensation for the affected HP shareholders," said Jonathan Gardner, the plaintiff's lead lawyer, Jonathan. "(Open air)