Jordanna Thigpen, senior associate at CPM, was recently quoted in the Daily Journal article, “Shareholder activism targets big companies.”
Thigpen currently represents shareholders of Oracle Corporation in a derivative suit alleging that Oracle’s board and executives mismanaged the company by systemically overcharging the federal government in connection with $1 billion worth of General Services Agency contracts. CPM also represents shareholders of HP in a suit alleging fraud with the acquisition of Autonomy. Board and executives have “lost touch with the reality of what it means to work for the people,” Thigpen said.
