Co-founder of Autonomy charged with 16 counts of wire fraud, securities fraud and conspiracy in 2011 sale of company to HP
The criminal fraud trial of the British technology tycoon once lauded as “Britain’s Bill Gates” got under way in San Francisco on Monday.
Mike Lynch, co-founder of the UK software company Autonomy, stands accused of artificially inflating the software firm’s sales; misleading auditors, analysts and regulators; and intimidating people who raised concerns before its blockbuster takeover by Hewlett-Packard in 2011.
Continue reading…Co-founder of Autonomy charged with 16 counts of wire fraud, securities fraud and conspiracy in 2011 sale of company to HPThe criminal fraud trial of the British technology tycoon once lauded as “Britain’s Bill Gates” got under way in San Francisco on Monday.Mike Lynch, co-founder of the UK software company Autonomy, stands accused of artificially inflating the software firm’s sales; misleading auditors, analysts and regulators; and intimidating people who raised concerns before its blockbuster takeover by Hewlett-Packard in 2011. Continue reading…