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11/07/2007
"Valley Boy" Tom Perkins Dishes on HP Spying Scandal in New Autobiography
Venture capitalist and bon vivant Thomas Perkins is one of the long-time stars of Silicon Valley, but he gained a different kind of noteriety last year when he went to war with then Hewlett Packard Chairman of the Board, Patrica Dunn.

Perkins, an HP director, was fingered (incorrectly) by Dunn as the mole in what became known as the Kona II investigation of HP employees and the journalists with which they may have sharing company secrets. Dunn initiated the investigation, with famed Cali counsel Wilson Sonsini at her side, employing several independent private investigators - all in an attempt to shut down the leaks she felt were plaguing the company.

As has been widely reported, the investigation went well beyond what was advisable or legal and led to a major conflagration in the press as well as state and national legislatures over the issue of phone record privacy and the investigative tactic known as pretexting. Dunn herself, along with HP's general counsel, was a casualty of all this attention, losing her chairmanship and eventually resigning from the HP board.

The Times of London has run an excerpt from Tom Perkins autobiography, Valley Boy, which describes his first person reaction to the Dunn investigation and the thought process behind his subsequent resignation from the HP board. Really good stuff...

-- MDT

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5/24/2007
HP Settles with SEC on Spying Scandal
HP violated mandatory disclosure rules when it failed to come clean in company 8Ks about the reason that shareholder Tom Perkins left the board of directors. Perkins, a noted venture capitalist and an old-school Don of Silicon Vally hardly needed the HP board berth to pad his extensive resume.

As you may recall, Perkins left his seat to protest HP's spying on himself, other board members and various journalists.

HP top brass, including former CEO Patricia Dunn believed Perkins to be the source of media leaks that were hampering the company. In response Dunn, HP's general counsel, outside counsel Wilson Sonsini and a cadre of investigators and subcontractors initiated what came to be known as Kona II, an investigation that included surveillance, pulling trash and obtaining phone records under false pretenses.

There are no "teeth" to the SEC's settlement with HP. The company simply double-promises not to violate disclosure rules in the future. No penalty was assessed.

For further background on the HP shenanigans - that is, if you're not totally sick to death of the story - check out the tags below.

-- MDT

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3/16/2007
California Drops Criminal Charges Against HP's Patricia Dunn.
Talk about a lot of sound and fury signifying nothing... The California AG, who was full of tough talk only a few months back when it came to the HP pretexting scandal, has dropped criminal charges against HP's former Chairman, Patrician Dunn.

They've also reached plea agreements with her co-defendants (former ethics chief Kevin Hunsaker and private investigators Ronald DeLia and Matthew DePante) basically amounting to restitution and community service.

Still, Federal pursuit of prosecution is not entirely out of the question. To date only PI. Bryan Wagner has so far faced federal felony charges. He previously plead guilty to both identity theft and conspiracy.

-- MDT

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3/13/2007
Harpers Digs in on HP Kona II Pretexting Docs
From Harpers's January issue...just snippits but worth revisiting.

Always be careful what you put in an email, Mr. Hunsaker (HP's "I shouldn't have asked" ethics director).

Hat tip to The Consumerist.

-- MDT

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