Today's Hard|Forum Post
Today's Hard|Forum Post

Tuesday March 31, 2015

HP Sues Former Autonomy Execs, Seeking $5B

You'd think that all this stuff would have come out before HP overpaid $5 billion for the company. eek!

HP can confirm that, on March 30, a Claim Form was filed against Michael Lynch and Sushovan Hussain alleging they engaged in fraudulent activities while executives at Autonomy. The lawsuit seeks damages from them of approximately $5.1 billion. HP will not comment further until the proceedings have been served on the defendants.