U.S. Charges Autonomy Founder With Fraud Over Hewlett-Packard Deal

U.S. Charges Autonomy Founder With Fraud Over Hewlett-Packard Deal https://images.wsj.net/im-39807/social

U.S. Charges Autonomy Founder With Fraud Over Hewlett-Packard Deal






LONDON—The U.S. government has charged one of Britain’s best-known tech entrepreneurs with fraud related to a software firm he founded and which Hewlett-Packard bought, only to discover alleged accounting issues.

In criminal charges filed to the U.S. District Court in Northern California on Thursday, prosecutors alleged that Mike Lynch, the former chief executive of Autonomy Corp., and his lieutenants used false and misleading documents to make the business-software maker more attractive to a potential purchaser.

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