Tech

HP seeks billions of dollars from Irishman Mike Lynch over Autonomy fraud

Lynch and CFO Sushovan Hussain was found to have inflated Autonomy’s revenue and induced HP to buy the firm for $11bn, according to a London civil judgment in 2022

The Irish-born tech tycoon Mike Lynch is currently waiting to face a criminal trial in the US over the sale after being extradited last year

Hewlett Packard Enterprise Co is seeking as much as $4 billion from Autonomy’s former bosses following a London judge’s finding that they fraudulently boosted the value before its sale.

Founder Mike Lynch was found to have inflated Autonomy’s revenue alongside his chief financial officer Sushovan Hussain and induced HP to buy the firm for $11 billion, according to a London civil judgment in 2022.

The Irish-born tech tycoon is currently waiting to face a criminal ...