HP has filed a civil complaint to the Superior Court of California against former CEO Mark Hurd, claiming he broke the company's trade secret agreements. HP believes that Hurd is breaking the agreement that he signed with HP when he got hired at Oracle, revealed earlier today.
HP is seeking Hurd to uphold to the agreement made as he is being paid millions of dollars in cash, stocks, and stock options.
Despite being paid millions of dollars in cash, stock and stock options in exchange for Hurd’s agreements to protect HP’s trade secrets and confidential information during his employment and following his departure from his positions at HP as Chairman of the Board, Chief Executive Officer, and President, HP is informed and believes and thereon alleges that Hurd has put HP’s most valuable trade secrets and confidential information in peril. Hurd accepted positions with Oracle Corporation (“Oracle”), a competitor of HP, yesterday as its President and as a member of its Board of Directors. In his new positions, Hurd will be in a situation in which he cannot perform his duties for Oracle without necessarily using and disclosing HP’s trade secrets and confidential information to others.
Mark Hurd resigned from HP in early August after a harassment case with him and an HP contractor was brought to life.

[...] Mark Hurd has transferred over to Oracle as the co-President. Shortly after that was revealed, we reported that HP has filed a complaint against Hurd claiming that he broke HP trade secret agreements. Now, [...]