On the day that HP announced its plans to restructure the company, its shares have collapsed by 20%. Investors and shareholders filed a claim to the leadership of HP, accusing the management of the company of concealing accurate information about the plans and financial position of the manufacturer.
The initiative group of shareholders accusing HP's leaders of unreasonably positive statements about the intentions of the company. The lack of reliable information, according to plaintiff, contributed to artificially high stock price . The claimant also seeks compensation for damage caused by such HP information policy to all those who bought shares during the period from November 22, 2010 to August 18, 2011. Claims of this type are regularly served in the event of a company's share of the substantial value, so the precedent is not something out of the ordinary. HP's data charges have not responded. Related Products :
|