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Allegations of sexual harassment against Mark Hurd has helped to raise its employment top at HP in August output photo: Reuters

The Securities and Exchange Commission was reportedly seeks to ascertain whether M. Hurd has revealed details of proposed acquisition of Electronic Data Systems (EDS) Jodie Fisher, a contractor for HP, HP that she claimed. Allegations Mrs. Fisher of sexual harassment against Mr. Hurd has helped trigger its output of employment at the top of the page in August.

HP has paid $13 5.3 (￡ 8. 5bn) for EDS in August 2008 that the company wanted to muscle to the growing demand for business data storage services.

M. Hurd had was credited with turning around the performance of HP by production of computers from the low margin management. Its shares have decreased by more than 10pc since its release, and M. Hurd has taken a new job with rival Oracle.

A spokesman for Mr. Hurd said: "Mark acted correctly in all respects." It is understandable that the SEC looks at the events surrounding the departure of mark, which was followed by a rapid decline in the value of the stock of HP.

Own HP investigation into allegations of Ms. Fisher found that he does not harass it but find forms of inaccurate charges filed by Mr. Hurd or on its behalf. The SEC is also reported to explore M. Hurd expense claims.

"HP cooperates fully with the SEC on its investigation," said a spokesman for HP.

A spokesman for the SEC has refused to comment.

Since HP appointed Leo Apotheker, former head of the German company SAP software as its new Chief Executive. In another twist, SAP has the month last sentenced to pay $1 Oracle United in the largest ever grant for violation of copyright law.

HP has slipped $12 cents to 42 late morning trading.

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