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Hewlett Packard wins US fraud case - Taipei Times

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...
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HP Wins Massive Fraud Case in UK Over Autonomy Purchase : Tech News

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 […]
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HP Wins UK Fraud Suit Over Autonomy Acquisition

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.
United Kingdom Simon Dawson Bloomberg Robert Hildyard Mike Lynch Sushovan Hussain Getty Images High Court
Source: law360.com

Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon - New Delhi Times - India Only International Newspaper

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…
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