linked to the sale of his software firm Autonomy to Hewlett-Packard, was acquitted Thursday on all charges in a San Francisco court.
Bloomberg reported Lynch was wiping his eyes after the verdict and that people in the courtroom were crying.“I am looking forward to returning to the UK and getting back to what I love most: my family and innovating in my field.” The Autonomy takeover led to the ouster of Leo Apotheker as HP chief executive in September 2011, and HP subsequently said it had discovered massive accounting irregularities.
“This verdict closes the book on a relentless 13-year effort to pin HP’s well-documented ineptitude on Dr. Lynch,” Morvillo and Heberlig said in response to an AFP inquiry.HP won a civil fraud case in Britain over the sale, with a High Court judge ruling in 2022 that it had been duped into overpaying.