Posted 3/18/2024, 4:04:19 AM
HP-Autonomy Case Revisits $11B Deal Gone Sour; Ex-CEO Fraud Trial Puts Past Decisions Under Microscope
- Trial examining whether HP's $11B acquisition of Autonomy was an illegal rip-off or botched management
- Autonomy ex-CEO Mike Lynch and ex-VP Stephen Chamberlain face criminal fraud and conspiracy charges
- Autonomy's ex-CFO already convicted and sentenced to 5 years in prison
- Meg Whitman was HP CEO when Autonomy deal was done, could be scrutinized in trial
- Lynch argues he's a scapegoat, while Whitman says he became unreasonable before his 2012 ouster
