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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”.
The Darktrace share price dropped 15% on Wednesday morning after a senior director of the cyber security specialist was linked to a legal row.
London’s High Court ruled that HP “substantially” won what is believed to be the biggest civil fraud trial in UK history
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 about US$5 billion dollars. A US court in 2018 convicted Hussain of fraud relating to the sale and jai...
A High Court judge yesterday ruled that Dr Mike Lynch masterminded an elaborate scheme to cook Autonomy's books before it was sold to HP in 2011 for £8.3 billion.