Hurd's HP Departure Becomes Federal Case: Reports

SEC probes Hurd's ouster from HP

By Lori Preuitt
|  Monday, Dec 20, 2010  |  Updated 6:00 PM PDT
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Hurd's HP Departure Becomes Federal Case: Reports

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SAN FRANCISCO - NOVEMBER 12: Hewlett-Packard CEO Mark Hurd delivers a keynote address at the 2007 Oracle Open World conference November 12, 2007 in San Francisco, California. Oracle Open World runs through November 15. (Photo by Justin Sullivan/Getty Images)

The scandal that lead to Mark Hurd's departure at Hewlett Packard earlier this year is back in the news.

According to the Wall Street Journal and the Associated Press, the U.S. Securities and Exchange Commission has launched an official federal investigation.   The feds apparently want to know what he told a woman who later accused him of sexual harassment named Jodie Fisher.  His relationship Fisher lead to Hurd's ouster from the Silicon Valley giant.

That woman, Jodie Fisher, reportedly said through her lawyer Gloria Allred that Hurd told her about HP's intention to buy EDS two months ahead of the company's announcement

The WSJ says the investigation goes deeper than pillow talk and includes the examination of inaccurate expense reports and the possible destruction of computer evidence related to his departure from HP.

AP got reaction from all parties. HP said it is cooperating with the investigation. A spokesman for Hurd would only say, "Hurd acted properly in all respects," and the SEC declined to comment.

Hurd has since moved up the road to Redwood City and is currently co-president at Oracle, HP's biggest rival.

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