Judge Balks At $48 Million For Lawyers In H-P Suit

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Judge Balks At $48 Million For Lawyers In H-P Suit

by Wochit 0:46 mins

Judge Balks At $48 Million For Lawyers In H-P Suit

by Wochit 0:46 mins

A judge on Monday delayed a proposed settlement in litigation over Hewlett-Packard’s controversial 2011 acquisition of U.K. software firm Autonomy, in part citing what he said were up to $48 million in potential financial windfalls for attorneys representing the shareholder plaintiffs. The decision complicated H-P’s attempt to remove the lingering shadow of its disastrous Autonomy acquisition.

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