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April 20, 2024
A leading barrister and peer has called on judges to quit their membership of the male-only Garrick Club saying: “it’s not complicated” but is an issue of “impartiality”.
May 18, 2022
The Darktrace share price dropped 15% on Wednesday morning after a senior director of the cyber security specialist was linked to a legal row.
January 31, 2022
London’s High Court ruled that HP “substantially” won what is believed to be the biggest civil fraud trial in UK history
January 30, 2022
US tech giant Hewlett Packard Co on Friday won a multibillion dollar fraud case over its 2011 purchase of British software company Autonomy Corp PLC. One year after the deal, HP accused Autonomy of falsifying its accounts, claiming it had inflated its value and caused huge losses for the US company when the correct accounting emerged after the US$11.1 billion sale. HP sued two executives — Mike Lynch, Autonomy’s British founder, and former chief financial officer Sushovan Hussain — for ab...
January 29, 2022
A High Court judge yesterday ruled that Dr Mike Lynch masterminded an elaborate scheme to cook Autonomys books before it was sold to HP in 2011 for £8.3 billion.
January 29, 2022
HP Wins Massive Fraud Case in UK Over Autonomy Purchase : Rashtra News #Wins #Massive #Fraud #Case #Autonomy #Purchase US tech giant Hewlett Packard won its multibillion-dollar fraud case on Friday over its 2011 purchase of British software company Autonomy.A year after the deal, HP accused Autonomy of fudging its accounts, claiming it had inflated […]
January 29, 2022
A London judge ruled Friday that British entrepreneur Mike Lynch fraudulently inflated the value of his software company ahead of its sale to Hewlett-Packard, but cautioned that the U.S. tech giant's "substantial" damages win would be well below its $5 billion claim.
January 29, 2022
Technology company Hewlett Packard Enterprise won a multibillion-dollar lawsuit Friday against a British businessmen it accused of fraud after purchasing his software business Autonomy a decade ago. The decision by the U.K.’s High Court also removes a hurdle for the potential extradition to the U.S. of Autonomy’s founder, British entrepreneur Michael Lynch. Hewlett Packard bought…
January 29, 2022
HP won its multibillion-dollar fraud case on Friday over its 2011 purchase of British software company Autonomy.
January 28, 2022
Irish-born businessman faces threat of extradition to US over Autonomy deal