- Associated Press - Monday, December 20, 2010

SAN JOSE, CALIF. (AP) - Federal regulators are investigating the circumstances of Mark Hurd’s forced resignation five months ago as CEO of Hewlett-Packard.

HP, the world’s biggest maker of personal computers, said it is cooperating with the investigation by the Securities and Exchange Commission, which was earlier reported by The Wall Street Journal.

A spokesman for Hurd said the former CEO “acted properly in all respects.” The SEC declined to comment.

Hurd’s ouster came after a former HP contractor named Jodie Fisher accused him of sexual harassment. She also alleged that Hurd told her in advance about HP’s $13.9 billion acquisition of Electronic Data Systems in 2008, a person familiar with the matter has told The Associated Press. Fisher later said there were “many inaccuracies” in her claim, and she and Hurd settled.

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