Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon
LONDON (AP) — Technology company Hewlett Packard Enterprise won a multibillion-dollar...
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LONDON (AP) — Technology company Hewlett Packard Enterprise won a multibillion-dollar...
Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon | 2022-01-28 23:52:56
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.
Tech giant Hewlett Packard Enterprise has won a multibillion-dollar lawsuit against a British businessmen it accused of fraud after purchasing his software company Autonomy a decade ago
The company was forced to write off most of an $11 billion acquisition.