The Daily Caveat is written by Michael Thomas, a recovering corporate investigator in the Washington, DC-area.

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3/12/2007
HP Stock Option Investigation Moves Forward
The HP pretexting debacle is barely cold but the maker of those printer cartridges that always seem to fail on nice round page numbers has another problem on the horizon, and a familiar one at that. HP has received notice from the U.S. senate, which is seeking the company's help in gaining a deeper understanding of Mercury Interactive's stock option irregularities. HP knew about MI's backdating issues when it purchased the company back in July 2006 but assured investors it was no big deal. Click here for more on HP's legal outlook.

-- MDT

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