"UK Tech Tycoon Mike Lynch Accused of Masterminding Massive $11B Fraud in US Trial"
TL;DR Summary
Mike Lynch, the founder of Autonomy, has been described as the "driving force" behind a "massive fraud" in a US trial. The trial revolves around the $11bn sale of Autonomy to Hewlett-Packard in 2011, with Lynch facing allegations of inflating the company's value before the sale. The prosecution has accused Lynch of orchestrating a scheme to deceive investors and potential buyers, while Lynch denies any wrongdoing and argues that HP's mismanagement led to the company's downfall.
- Autonomy founder Mike Lynch called 'driving force' of 'massive fraud' in US trial Financial Times
- Tech Tycoon Lynch Called 'Massive Fraud' Mastermind by US Yahoo Finance
- From riches to ankle bracelet: UK tech tycoon Mike Lynch’s stunning fall The Guardian
- Tech founder hailed as Britain's Steve Jobs masterminded $11B 'fraud': prosecutors New York Post
- Silicon Valley's next great fraud trial begins Axios
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