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December 5, 2016

“Bullsh*t and spin”: Autonomy founder mocks HP’s $5B fraud suit against him

corporate-fraud How could Dr Michael Lynch raise a $1 billion venture capital fund while being sued for $5 billion over alleged fraud in the $11 billion sale of his company Autonomy to HP? “The reality is, that doesn’t take much time” since he has a team of lawyers on the case, Lynch said on stage during TechCrunch Disrupt London.
HP originally paid Lynch $730 million for his stake in Autonomy. Read More

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