LONDON — British tech entrepreneur Mike Lynch is set to be extradited to the United States to face criminal charges related to the sale of his …
The Fraud Case Involving HP's $11.7 Billion Autonomy Purchase
Hewlett-Packard's purchase of British software firm Autonomy would quickly go down as a really bad business acquisition. A year after the deal, HP took an $8.8 billion impairment charge and accused Autonomy of "outright misrepresentation," alleging "serious accounting improprieties." At the center of it all is Autonomy's founder and CEO Mike Lynch, who has been indicted by the U.S. on fraud charges. He recently lost a $5 billion fraud lawsuit brought against him by HP in the U.K.
U.S. vs. British Entrepreneur Mike Lynch
Autonomy's CEO Mike Lynch has been indicted by the U.S. Justice Department on fraud charges. The U.K. government recently approved his extradition.
British tech billionaire and Autonomy founder Mike Lynch has lost an attempt to block extradition to the US on fraud charges, a court ruled …
Mike Lynch’s legal team tell court US is ‘not the global marshal of corporate world’ and case should be heard in UK Lawyers acting for Mike Lynch, the British tech multimillionaire facing extradition on fraud charges, accused the US in a London court on Monday of exerting itself as “an overweening …
Michael Lynch, the former chief executive officer of Autonomy Corp., stepped down Friday as an adviser to U.K. Prime Minister Theresa May after he …
The founder of UK software firm Autonomy has submitted himself for arrest as part of an extradition process brought by the US over charges of conspiracy and fraud. Mike Lynch sold Autonomy to US computer giant Hewlett Packard (HP) for $8.4bn in 2011. But he faces allegations that he fraudulently …
Michael Richard Lynch was born in Ilford, Essex, on June 16, 1965. He had humble beginnings: his mother was a nurse and his father was a fireman. Lynch …
Sushovan Hussain also fined $4m by US district judge over role of sale in British firm to Hewlett-Packard The former chief financial officer of Autonomy has been jailed for five years, after a US jury found him guilty of fraud over the $11.1bn (£8.5bn) sale of the British software company to …
The Controversy Over HP's Acquisition of Autonomy
What you need to know about the HP and Autonomy deal and why the tech company sued CEO Mike Lynch in the U.K.