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Friday, June 7, 2024

Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP

Former Autonomy chief executive Dr Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett-Packard which became one of Silicon Valley’s biggest fraud cases. He had been accused of falsely inflating revenues at the UK startup ahead of its $11 billion sale to HP in 2011. […]

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