Case 5.6
Hewlett-Packard (HP) and Pretexting:
Spying on the Board

HP is one of a company that have problems about income earnings.There was shareholder dissatisfaction from 2001 through 2004 because the earnings HP had once posted had declined and did not seem to be recovering.and Ms. Fiorina as CEO of HP proposed the merger with Compaq as a solution of HP’s declining market share and less-than-stellar performance.There was a very public battle over the proposed merger , with the Hewlett and Packard families opposing it.And it’s the top when with disgruntled employees and shareholders at their peak “noise” levels in November 2004. Ms. Fiorina scolded the board for the leaks The truce ended, and by february 2005 , Ms. fiorina was no longer HP's CEO.It’s so ugly and reprehensible when a board has to harbor a leaker who will not come forward and take the burden off the chairman and the rest of the board.
HP used as a subcontractor for the pretexting the Action Research Group,the investigators used by HP through its contract and resulting subcontracts did use “ pretexting.”And the definition of Pretexting is an art form that involves posing as another person in order to get information.And someone warned others at the company that the pretexting activity might be illegal.
The HP share price dropped from $37 to $36 when the pretexting investigation was revealed. Corporate governance experts have referred to the board as “dysfunctional”
Depend on my statements is very regreting this company has net income per share is declining from year to year, one of them is because the company have unethic's CEO by using pretexting until screws up the situation.

only that I can explain from my case Sir, I hope I give a correct comments about this case.