In regards to Ms Dunn leaving: I accept that someone should take the wrap for unethical conducted considering the Standards of business that the company holds, but it seems she wears the responsibility but the ‘leaker’ gets away with . Why doesn’t he front Congress?
It isn't just Dunn leaving:
"Two more H-P employees are losing their jobs...identified as Kevin Hunsaker, senior counsel and director of ethics, and Tony Gentilucci, manager of global investigations for H-P."
blogs.wsj.com
And it isn't over. That page goes on to say:
"H-P general counsel Ann Baskins has hired white-collar defense lawyer Cristina Arguedas of Arguedas, Cassman & Headley in Berkeley, Calif... And Larry Sonsini, H-P’s outside lawyer, has hired Michael Madigan of Akin Gump in Washington, D.C."
Apparently Sonsini let HP violate securities laws:
"Under federal securities law, if a director resigns because of a disagreement with the company over its operations, policies or practices, the company must describe the disagreement. In an 8-K filing made on May 22, Hewlett-Packard announced that Perkins had resigned, without giving any reason.
"If there was any confusion about Perkins' resignation, he made his sentiments clear in an Aug. 14 letter to the board. In that two-page letter, which was copied to Sonsini, he stated that he resigned to protest the 'questionable ethics and the dubious legality' of the methods used to investigate the leaks. He also stated that he considered the 8-K to be defective because it didn't describe the circumstances of his departure.
"Under securities law, if a director sends the company a letter regarding his resignation, the company must file it with the SEC within two business days...
"At some point, Perkins contacted the SEC, according to The Wall Street Journal. On Sept. 6, the day the story broke in the Journal, HP filed an 8-K with more details about Perkins' resignation and admitting the use of the pretexting by an outside contractor."
law.com
As for Keyworth, who did resign as a director, he had his wife's and acquaintances' privacy violated:
"An e-mail a month later from DeLia to Hunsaker and Anthony R. Gentilucci, who manages HP's global investigations unit in Boston, indicates that detectives had located home and cell phone numbers for Marion Keyworth and were attempting to obtain a record of incoming and outgoing calls for them.
"In addition, Hunsaker told DeLia on Feb. 3: '... Can we try to figure out where (George) Keyworth was the week before and the week after the board meeting? We should figure out who he could have been with and check their cell phone records, too.'"
cbs4denver.com
It's just like Watergate. Nixon hired "plumbers" to find the source of leaks, and they broke the law themselves and tried to cover it up. Expect more firings to come. HP investors should hope one of them isn't Hurd. |