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SAN FRANCISCO (AP) - Hewlett-Packard Co. has settled federal securities charges alleging the company illegally concealed the reason a director resigned just before its boardroom spying scandal erupted.
The Securities and Exchange Commission and the Palo Alto-based technology giant separately announced the settlement Wednesday.
The SEC found that HP violated mandatory disclosure rules in the way it announced venture capitalist Tom Perkins' May 2006 resignation from the board.
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