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12 Months In The HP Channel

By Joseph F. Kovar CRN
10:00 AM ET Mon. Feb. 18, 2013
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November 2012: Autonomy -- The Pain That Just Keeps Growing

HP shocked the investment world and the channel when it said it was taking an $8.8 billion charge against earnings after discovering what the company called "serious accounting improprieties" by Autonomy.

That led to a shareholder lawsuit against HP's Board of Directors, other HP execs and the accounting firms that advised HP on the acquisition.

It also prompted the start of a Department of Justice investigation into alleged accounting improprieties surrounding HP's acquisition of Autonomy, as well as a finger-pointing between HP and former CEO Leo Apotheker.

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