US prosecutors whack another three charges on list against ex-Autonomy boss Mike Lynch over $11bn HP biz gobble
https://www.theregister.co.uk/2019/03/23/mike_lynch_new_charges/
US prosecutors have slapped three more criminal charges on ex-Autonomy chief exec Mike Lynch, accusing him of securities and wire fraud regarding HP's acquisition of his company.
Lynch, once dubbed Britain's answer to Bill Gates, flogged Autonomy, a software company he founded, to the American tech titan in 2011 for $11bn (£6bn). A year later, HP was forced to write down $8.8bn as a result of that biz gobble, claiming the Brit upstart had "outright misrepresented" its value.