British tech founder Mike Lynch denies defrauding HP at U.S. criminal trial

Mike Lynch, the tech founder once hailed as Britain’s answer to Steve Jobs, denied wrongdoing at his fraud trial on Thursday in connection with Hewlett-Packard’s disastrous $11 billion acquisition of his software company in 2011.

Lynch took the witness stand at the San Francisco trial for the first time earlier on Thursday. He told jurors that others were in charge of accounting and he was focused on Autonomy’s technology and marketing. The testimony is a pivotal moment for Lynch, who has been embroiled in legal battles over the sale since it imploded and now faces potential prison time if convicted.

At the trial that began in mid-March, jurors have heard from more than 30 government witnesses including Leo Apotheker, the former HP chief executive who was fired weeks after the Autonomy deal was announced.

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