HP Says Lynch Told ‘Lie After Lie’ as $5 Billion Trial Wraps
- HP accuses Autonomy founder Lynch of being unreliable witness
- Lynch said HP’s claim is manufactured as London trial ends
Mike Lynch arrives for a court hearing at The Rolls Building in London on March 25.
Photographer: Simon Dawson/BloombergThis article is for subscribers only.
As Hewlett-Packard Co.’s $5 billion fraud trial against Autonomy founder Mike Lynch nears the end, it was a chance for the two sides to trade some old blows and add a few new ones too.
Lynch, who HP has accused of orchestrating a massive fraud at the British software firm, was an unreliable witness who told “lie after lie,” Laurence Rabinowitz, an attorney for the Silicon Valley giant, said Thursday on the first day of closing arguments. Lynch says the whole claim is manufactured to explain away HP’s disastrous management of the $11 billion Autonomy acquisition.