Autonomy's Mike Lynch acquitted after US fraud trial brought by HP
HP(HPQ) TechCrunch·2024-06-08 09:59
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.Commenting on the acquittal, Dr Lynch (pictured on the left above when he appeared at TechCrunch Disrupt) said: “I am elated with today’s verdict and grateful to the jury f ...