Friday, November 30, 2018

Autonomy co-founder to face US criminal charges

Charges against Mike Lynch include fraud and conspiracy in latest twist in Hewlett-Packard’s ‘doomed’ 2011 takeover

The US has filed criminal charges against Mike Lynch over the $11bn (£8.6bn) sale of the British software company Autonomy to Hewlett-Packard seven years ago, the Financial Times reported.

The newspaper said the charges carry a maximum penalty of 20 years in prison and include 14 counts of conspiracy and fraud.

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from Mergers and acquisitions | The Guardian https://ift.tt/2KIShDv

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