Labor group asks Hewlett-Packard to replace auditor E&Y
NEW YORK (Reuters) – A U. S. investor activist group affiliated with large labor unions is asking Hewlett-Packard Co to replace its auditor, Ernst & Young, over the technology giant’s troubled acquisition of UK software company Autonomy. Change to Win Investment Group (CtW), based in Washington, D. C. , also is seeking a revamp of HP’s audit committee, which is responsible for overseeing Ernst & Young’s long-standing relationship as the auditor that reviews HP’s books. Spokesmen for HP and Ernst & Young declined to comment. Labor union pension funds own large stakes in many U. S. . . .
View full post on Tech News Headlines – Yahoo! News
Leave a Reply