Shareholders pounced on HP after Hurd stepped down in 2010 over allegations that he had falsified expense reports to hide his attempts to seduce a company contractor.
Last month, U.S. District Judge Jon Tigar dismissed the securities fraud suit, finding that the ethical code Hurd championed was not false or materially misleading, despite his transgressions, and giving plaintiffs lawyers 30 days to refine their case.
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