Jan 28, 2022

HP wins multibillion-dollar fraud case over Autonomy sale

Hewlett Packard has won a multibillion-dollar fraud case over its acquisition of a British software company. Home Secretary Priti Patel is also due to make a decision about whether Autonomy founder and entrepreneur Mike Lynch should be extradited to the US, where he faces fraud charges in a separate criminal case. On Wednesday, Ms Patel was given until midnight on Friday to decide on his extradition, after a High Court judge ruled against Dr Lynch's legal challenge over a previously set deadline. His former chief financial officer Sushovan Hussain was convicted in April 2018 in the US of wire fraud and other crimes related to Autonomy's sale and was jailed for five years. In the separate criminal proceedings in the US, Dr Lynch faces charges of securities fraud, wire fraud and conspiracy in a federal court over the sale of Autonomy.

Read the full story

 Related companies

Make a complaint about HP by viewing their customer service contacts.