The renegade clothing maker and retailer led by the outrageous Dov Charney faces high-drama legal problems worthy of a daytime soap: sexual harassment suits, a wage-and-hour suit, immigration problems and shareholder suits. But federal probes into accounting issues could be the biggest threats to its existence.
Hewlett-Packard (HPQ) is suing its former chief executive, Mark Hurd, after news that he will be taking the post of co-president at competitor Oracle (ORCL). HP alleges that Hurd could end up violating confidentiality agreements by accepting the position.
Carl Greene ran the Philadelphia Housing Authority for years with little oversight, until recent revelations about a series of scandals from sexual harassment to financial mismanagement landed him in hot water. But Greene's misdeeds may be just a symptom of the problematic culture of U.S. housing authorities.
It was once a model for clothing retailers, with hip marketing campaigns, steady profit, a high-flying CEO and products made in the USA. But a series of financial and legal troubles leaves American Apparel's future in serious doubt.
In a case that tested the bounds of the First Amendment, Hal Turner, a right-wing radio shock jock, was convicted of threatening three judges' lives in his blog post. Plus, Eli Lilly loses a patent case for ADHD drug Strattera.
The Mark Hurd saga, which began Friday when he resigned as Hewlett-Packard CEO under pressure, isn't over. Several reports say he settled sexual harassment charges by a female contractor. The board apparently isn't buying his account of their meetings.
Ousted Hewlett-Packard CEO Mark Hurd may be disgraced, but his bank account isn't. He's leaving the company with a severance package worth approximately $28 million in cash and stock.
CEO Hurd was seen as rescuing Hewlett-Packard from the mess left behind by his ill-fated predecessor, Carly Fiorina. That is, until he wound up getting ousted for creating his own mess. The world's leading computer company now has to regroup again.
The chief executive of Hewlett-Packard resigned Friday amid allegations of improper behavior. The company said it did not find any violations of sexual harassment, but did find Hurd violated the company's standards of business conduct.
The fashion industry's trend toward discrimination over physical attributes has moved off the runways and into retailers. A former senior retail manager at Prada Japan and two other employees, are accusing the famed fashion house of sexual harassment and appearance-based discrimination.
