HP agrees to reimburse two for cost of snooping
Hewlett-Packard has made an agreement with former board members George “Jay” Keyworth and Tom Perkins to pay “any reasonable expenses” that they have already incurred in connection with the HP board snooping scandal.
Perkins is the well-known Silicon Valley venture capitalist who abruptly quit HP’s board in May in a huff over how its boardroom leak investigation was conducted. It was Perkins who last month blew the lid on the investigation, which resulted in the disclosure that HP and its private investigators had hired data brokers who used deception to get personal phone records of directors, journalists and their family members. HP’s agreement, contained in a statement it filed with the Securities and Exchange Commission two weeks ago, means that HP agreed to pay the bills for Perkins and Keyworth. Those bills are not cheap. The two have hired well-known Washington lawyers to respond to any legal proceedings and government agency inquiries. Perkins hired a public relations agent to deal with the media barrage that ensued.
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