HP Derivative Lawsuit Heads for Final Approval—Accountability or Another Payday for Lawyers?

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Tonernews.com, August 18, 2026. USA
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  • jim
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    HP Inc. is heading toward a potentially controversial conclusion in In re HP Inc. Derivative Litigation, Case No. 4:21-cv-04805-JSW, consolidated with Case No. 4:22-cv-00254-JSW in the Northern District of California. The litigation began with derivative complaints from shareholders Scott Franklin and Gerald Lovoi, and the parties reached a settlement in April 2026, with final court approval now being sought. But the big question for HP shareholders is what they actually get from the deal: because this is a derivative action, shareholders generally do not receive individual settlement checks, raising the uncomfortable question of whether the biggest winners could ultimately be the lawyers rather than ordinary investors. With years of litigation, legal expenses and attorneys’ fees potentially involved, critics may ask whether this settlement delivers meaningful accountability for HP—or simply provides an expensive exit ramp from a long-running corporate battle. Is this real shareholder protection, or another example of lawyers getting paid while investors are left watching from the sidelines?
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