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HP Wins UK Fraud Suit Over Autonomy Acquisition - Vimarsana News

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.

Source: law360.com
Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon - Vimarsana News

Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon

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.

Tech tycoon Mike Lynch signals intention to appeal HP ruling - Vimarsana News

Tech tycoon Mike Lynch signals intention to appeal HP ruling

Irish-born businessman faces threat of extradition to US over Autonomy deal

Hewlett Packard Enterprise wins $5B fraud suit vs UK tycoon - Vimarsana News

Hewlett Packard Enterprise wins $5B fraud suit vs UK 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

Hewlett-Packard Enterprise wins multi-billion-dollar fraud suit against UK tech tycoon Michael Lynch - 29-Jan-2022 - Vimarsana News

Hewlett-Packard Enterprise wins multi-billion-dollar fraud suit against UK tech tycoon Michael Lynch - 29-Jan-2022

A UK High Court says Hewlett-Packard Enterprise has ""substantially won"" its claim for $US5 billion in damages, in what's believed to be the UK's biggest civil fraud trial.