Autonomy Founder Lynch Sues HP for More Than $160 Million

Updated on
  • Suit says HP had no proper basis to restate Autonomy accounts
  • Lynch sues HP in accounting dispute over `false statements'

HP Sued By Autonomy's Mike Lynch for $160M

Mike Lynch, the founder of U.K. software company Autonomy, accused Hewlett-Packard Co. of damaging his career with false statements in the fallout from the two companies’ $10-billion merger that has been marred by a massive writedown and allegations of accounting fraud.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.