Ex-Autonomy CEO's Fraud Trial Over $11.7B HP Deal Kicks Off

By Bonnie Eslinger (March 18, 2024, 11:05 PM EDT) -- Autonomy's former CEO Michael Lynch duped HP into buying his company at the inflated price of $11.7 billion, a federal prosecutor said Monday during opening statements in the British entrepreneur's criminal trial, while Lynch's lawyer countered his client had "all the money in the world" and no motive to commit fraud....

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