IBEW and SEIU sue Hewlett Packard over pay out to ousted CEO - 03/09/06

By Doug Cunningham

Four union pension funds run by the IBEW and SEIU are suing Hewlett Packard to get back several million dollars paid to ousted CEO Carly Fiorina. She was paid more than $21 million. Counting pension and stock value it was more than $42 million. The union pension funds are suing as shareholders in a class action.