On 28 January, the Law Society Gazette reported that, after a high-profile trial which began in March 2019 and sat for nearly 100 days, the judge has announced that ’the claimants have substantially succeeded in their claims in these proceedings’. It is said that the damages will likely be ’considerably less’ than the $5 billion claimed by HP. The Home Secretary is deciding whether to approve the extradition of founder and chief executive Mike Lynch, 56, to face 17 criminal charges, including wire and securities fraud, in the US over HP’s acquisition of Autonomy. Meanwhile, chief financial officer Sushovan Hussain, 57, is currently serving a 5-year jail sentence in the US.
https://www.lawgazette.co.uk/news/us-tech-giant-wins-biggest-ever-civil-fraud-trial-/5111329.article
https://mondovisione.com/media-and-resources/news/uk-high-court-autonomy-v-lynch/
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