Mike Lynch Acquitted in US Autonomy Fraud Case
TL;DR Summary
Mike Lynch, founder of Autonomy, and Stephen Chamberlain, former VP of finance, were acquitted of all charges in a US fraud trial related to the 2011 sale of Autonomy to Hewlett-Packard. The federal court jury in San Francisco cleared Lynch of 15 charges, including wire fraud and conspiracy. Lynch, who was extradited from the UK, maintained his innocence, arguing he was being scapegoated for HP's failed acquisition. HP had paid $11 billion for Autonomy but wrote down $8.8 billion within a year, leading to years of legal battles.
- Brit tech tycoon Mike Lynch cleared in US Autonomy fraud trial The Register
- British Entrepreneur Mike Lynch Acquitted in HP Case The Wall Street Journal
- Tech tycoon Mike Lynch cleared of all fraud charges in Hewlett-Packard trial The Guardian
- Mike Lynch: Autonomy co-founder cleared of fraud in US trial BBC.com
- A jury has exonerated British tech magnate Mike Lynch for his role in a disastrous $11 billion deal with Hewlett Packard ABC News
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