The road from hero to villain can be short. Mark Hurd, the highly successful CEO of the world’s biggest computer manufacturer, was forced to resign earlier this month following an internal investigation of his relationship with a Hewlett-Packard marketing consultant. According to reports, H-P’s internal investigation found no evidence that Mr. Hurd harassed an actress the company hired to work at corporate marketing events. It did, however, find that Mr. Hurd had filed inaccurate expense claims relating to meals with the woman, travel and, in one case, fees for a corporate appearance by the actress. (more…)
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US v. Siegelman and Scrushy
Posted on July 7th, 2010 by admin
On Tuesday, June 29, 2010 the U.S. Supreme Court vacated the government corruption convictions against former Alabama Gov. Don Siegelman and ex-HealthSouth CEO Richard Scrushy. The Court ordered the 11th U.S. Circuit Court of Appeals to review the matters in light of the ruling in Skilling v. United States, 561 US ___ (2010), the case of former Enron chief Jeffrey Skilling.
In the Skilling case (reported in our blog), the Supreme Court interpreted the honest services fraud statute, 18 U.S.C. § 1346, which prohibits “a scheme or artifice to deprive another of the intangible right of honest services.” The Supreme Court limited the scope of the honest services fraud statute so that it covers only bribes and kickback schemes. In other words, the Supreme Court limited the scope of prosecutions under the honest service fraud statute to those cases where prosecutors put forward evidence that defendants accepted bribes or kickbacks. (more…)
TAGS: Tags: H-P, Hewlett-Packard, HP, Hurd, internal investigation
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