Mark Hurd, Hewlett-Packard's former CEO and now the current president of Oracle, lost his fight in court this week to keep confidential a letter alleging sexual harassment.
The letter in question is from, a sometime actress who worked as a contractor for HP to its board of directors. In the letter, she accuses Hurd of harassment that occurred from 2007 to 2009. And she also alleges that during one visit in 2008, Hurd told her about HP's then-confidential plan to acquire IT services EDS. The letter is being sought by investors, who are suing HP, accusing the company of not acting in the best interest of shareholders.
As part of the lawsuit, the plaintiffs have been seeking to make public both the letter that accuses Hurd of harassment as well as a report documenting the result of an internal investigation conducted by HP's board of directors. Plaintiffs had argued that the letter and report offered shareholders insight into possible corporate wrongdoing and waste that may have arisen. Investors involved in the suit also want the terms of Hurd's severance package from HP made public.
Hurd had asked the court to keep the letter involving the allegations confidential. Now that he has lost his appeal, it's unclear when the contents of the letter will be made public.
Earlier the court ruled that the internal HP report would remain confidential.