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SEC demands documentation from HP

By Justin Mann

On September 21, 2006, 8:11 PM

HP is getting ready to face the music versus the US Securities and Exchange Commission. Recently they have started collecting documents that pertain to their spying of board members and other management types. While they did successfully find their mole, they found him at the cost of huge amounts of PR and now a potentially costly investigation. According to sources the ex-employee has agreed not the sue HP in exchange for the same favor given to him. The SEC may find something they don't like and take HP to court. Who knows, but HP certainly made mistakes in handling this.

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