HP’s grand decisions of late has landed it a class action lawsuit. The suit is being led by HP shareholder Richard Gammel who accuses HP’s executives of leading investors to believe the company was confident in its business decisions more than it actually was. As a result, Gammel claims HP’s stock was wrongfully inflated. Gammel is seeking an untold amount for anyone who purchased shares in HP between November 22, 2010 and August 18, 2011.

In an attempt to right the ship and get back on track, RIM announced to shareholders this week that they have seven upcoming smartphones that will launch in the “coming months.” Co-CEO Jim Balsillie delivered the news that each BlackBerry smartphone would be running the new OS 7 and will compete with the high-end Android more »

We like you, we like you not. We like you, we like you not. It seems to have been a veritable rollercoaster ride for the past weeks as offers were tossed back and forth about as easily as not so cleverly veiled insults between Yahoo! and billionaire investor Carl Icahn. But it seems as though it may have finally come to some sort of resolution before the August 1 board meeting, as Yahoo! offered Icahn a minority position on the board (he and two other hand-picked candidates will join) in exchange for his agreement to pull back with his “toss the idiots” ideology, and back the rest of the existing board in the August 1 shareholder’s vote. So, it just may be a “keep your enemies close” move.

This kind of unexpected move did occur after influential mutual fund manager Bill Miller of Legg Mason said Friday that he and the 4.4 percent stake he controls would be backing the Yahoo board in the proxy battle.