Barrage of legal actions hit Compaq

Six in the last two weeks

Shareholders and others do not seem particularly happy with Compaq’s performance and are taking legal action against the hardware giant. In the last two weeks, a total of six actions have been filed against Compaq. The latest set includes the Virgo Family Trust versus Compaq (securities action), and Robert Honmhyr (class action). Both of these actions cite Compaq, as well as CEO Eckhard Pfeiffer and CFO Earl Mason. The four actions filed against Compaq prior to these include actions from Steven Kammerman (class action), Gary Gilman (class action), Faith Hesselgesser (employment litigation against Tandem and Compaq), and Joseph Cotroneo (class action). This will keep the lawyers happy. Follow that paramedic. ®

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