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Bronstein, Gewirtz & Grossman, LLC Announces Securities Class Action Has Been Filed Against Hewlett-Packard Co


Wednesday, 28 Nov 2012 08:30am EST 

Bronstein, Gewirtz & Grossman, LLC announced that a securities class action has been commenced in the United States District Court for the Northern District of California on behalf of purchasers of Hewlett-Packard Company (HP or the Company) common stock between August 19, 2011 and November 20, 2012, inclusive (the Class Period), concerning whether the Company and certain of its officers and directors have violated federal securities laws. On November 20, 2012, Shares of HP fell $1.59 or 12% to close at $11.71 per share hitting a 10-year low after the Company revealed while disclosing its quarterly earnings that it was misled into substantially overvaluing Autonomy when it acquired the software firm last year. 

Company Quote

38.05
0.05 +0.13%
4:00pm EDT