5 Companies That Dropped The Ball This Week


KPMG, Deloitte Hit With Lawsuit Over Autonomy Acquisition

Speaking of the HP-Autonomy crisis, two big-name accounting firms were pulled into the matter this week as KPMG and Deloitte were hit with an HP shareholder lawsuit. The suit accuses the two firms, as well as HP's board and other executive officers, of breach of duty and negligence for allowing HP to make the acquisition of Autonomy and not recognizing the alleged accounting improprieties that led to HP taking an $8.8 billion charge over the deal earlier this month.