Criminal,
Mergers & Acquisitions
Jun. 7, 2024
Tech mogul cleared of fraud charges in acquisition by Hewlett-Packard
British tech mogul Mike Lynch and former Autonomy vice president Stephen Chamberlain were acquitted after an 11-week trial in San Francisco.
Following a lengthy extradition battle and 11-week trial in San Francisco, British tech mogul Mike Lynch was cleared on Thursday of all counts of criminal fraud related to Hewlett-Packard's soured $11 billion acquisition of his company Autonomy.
"I am elated with today's verdict and grateful to the jury for their attention to the facts over the last 11 weeks. My deepest thanks go to my legal team for their tireless work on my behalf. I am looking forward to returning ...
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