Hewlett Packard Enterprise Wins $5B Fraud Lawsuit Against Software Tycoon
The company was forced to write off most of an $11 billion acquisition.
Source: manufacturing.net
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Mike Lynch Loses $5 Billion Court Fight With HP Over Autonomy
The judgment is the latest in a battle stemming from the sale of his software company Autonomy to Hewlett Packard for $11 billion in 2011.
Source: datacenterknowledge.com
Hewlett Packard wins massive fraud case
Hewlett Packard (HP) on Friday won its multibillion-dollar fraud case over its 2011 purchase of British software company Autonomy.
Source: arynews.tv
HP wins $5 billion fraud lawsuit against UK software tycoon
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
Source: sandiegouniontribune.com
Mike Lynch loses $5B court fight with HP over Autonomy
The company alleged that Lynch and his CFO illegally bolstered revenue, including by disguising hardware sales and booking fake transactions.
Source: accountingtoday.com