Tech tycoon Mike Lynch, accused of ‘massive’ fraud, set to testify at US trial

Lawyers for founder of software firm Autonomy, charged over $11bn Hewlett-Packard deal, suggest they may move for mistrialThe British entrepreneur Mike Lynch is expected to take the stand in a San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March.US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company’s acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. Continue reading...

May 23, 2024 - 07:30
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Tech tycoon Mike Lynch, accused of ‘massive’ fraud, set to testify at US trial

Lawyers for founder of software firm Autonomy, charged over $11bn Hewlett-Packard deal, suggest they may move for mistrial

The British entrepreneur Mike Lynch is expected to take the stand in a San Francisco federal courthouse on Thursday as a key witness in his own criminal fraud trial, which began in March.

US authorities have charged the former software tycoon with 16 counts of wire fraud, securities fraud and conspiracy relating to his company’s acquisition deal with Hewlett-Packard in 2011. If convicted, Lynch faces up to 25 years in prison. He has pleaded not guilty. Continue reading...

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