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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.

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The Fraud Case Involving HP's $11.7 Billion Autonomy Purchase
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