Mike Lynch: Autonomy co-founder cleared of fraud in US trial
Source: BBC
British tech tycoon Mike Lynch has been cleared of fraud charges he faced in the United States over the $11bn (£8.6bn) sale of his software firm to Hewlett-Packard in 2011.A jury in San Francisco found him not guilty on all counts, a stunning victory for Mr Lynch, who had been accused of inflating the value of his firm, Autonomy, ahead of its sale.Mr Lynch, who faced more than 20 years in prison if convicted, had…
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