$39 Million Settlement Over Printer Supplies, No Admission of Guilt: HP Pay the Price for Lying.

HP Inc. has agreed to pay a $39 million settlement over claims it misled shareholders about its printer supplies business during 2015 and 2016. The lawsuit accused the company of inflating profits, downplaying inventory issues, and misleading investors about the financial health of the division, ultimately inflating stock prices.

However, HP denied any wrongdoing, and the settlement amount raises questions about corporate accountability. At just $39 million, the payout seems minimal for a company making billions in revenue, sparking concerns that major corporations can get away with misleading investors without facing significant consequences. With no admission of guilt, this settlement raises doubts about whether companies like HP will ever truly be held accountable for financial misrepresentation, leaving shareholders with little recourse for the losses they suffered.