Autonomy Overstated Revenue Before HP Sale, Jury Hears

By Bonnie Eslinger (May 14, 2024, 11:09 PM EDT) -- Autonomy's reported revenue was overstated by a combined $300 million in the two-and-a-half years before HP acquired it, an accounting expert testified Tuesday in a California criminal trial over claims that Autonomy founder Michael Lynch duped HP into buying his software company for an inflated $11.7 billion price....

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