Publish date:

Hurd Settled Claims With Contractor: Reports

Former H-P CEO Mark Hurd Thursday settled sexual harassment claims with a female contractor that led to his ouster, according to published media reports.

Updated from 2:15 p.m. EDT

Updated with identity of H-P contractor and her statement backing Hurd's claims that the two never had an affair or sexual relationship.

PALO ALTO, Calif. (

TheStreet

TST Recommends

) --

Hewlett-Packard's

former CEO, Mark Hurd, last week settled sexual harassment claims with a former female contractor, according to published media reports.

The claims were at the heart of a company investigation that resulted in

Hurd's ouster from the tech company Friday

.

Although Hewlett-Packard said Hurd did not violate its sexual harassment policy, it did find that he had violated its standards of business conduct.

Citing anonymous sources,

The Wall Street Journal

and

Associated Press

reported Sunday that Hurd settled the claims with the marketing contractor on Thursday.

The

AP

reported that its source said Hurd had agreed to pay the woman but that the source wouldn't reveal the size of the payment. The settlement didn't involve any payment from H-P to the woman, the

AP

added.

The H-P investigation uncovered allegedly falsified expense reports for dinners Hurd had with the contractor, the

AP

noted.

Later Sunday,

The New York Times

reported that the contractor had come forward and identified herself as Jodie Fisher, an actress who said she was hired to work at high-level executive and customer events.

Fisher backed Hurd's claims that they never had an affair or sexual relationship,

The New York Times

reported.

The actress said she had resolved her sexual harassment claim privately with Hurd, but declined to comment further on the harassment claims, the

Times

added.

Shares of Hewlett-Packard closed Friday down $4.50 at $41.85.

In the wake of Hurd's departure,

the company's CFO, Cathie Lesjack

will take the reins temporarily.

> > Bull or Bear? Vote in Our Poll

This article was written by a staff member of TheStreet.