Hewlett-Packard has won the dismissal of a lawsuit accusing the computer maker of securities fraud for misleading shareholders about its commitment to ethics while its chief executive was allegedly engaging in sexual harassment.
In August 2013, U.S. District Judge Jon Tigar in San Francisco had thrown out an earlier version of the lawsuit, and on Wednesday dismissed a revised version that he said failed to address his concerns. Wednesday's dismissal was with prejudice, meaning the lawsuit cannot be brought again.
Before the case arose, HP had updated its Standards of Business Conduct following a 2006 scandal over news leaks.
The lawsuit stemmed from the sudden August 2010 departure of Chief Executive Mark Hurd amid allegations that he had harassed an independent consultant, Jodie Fisher. Hurd, who is now president of Oracle, had won wide credit at HP for improving the company's fortunes.