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HP wins the multibillion-dollar fraud box on the sale of autonomy

HP wins the multibillionnollar fraud box on the sale of autonomy

HP sued his founder and former financial director, affirming that artificially inflated self-employed inflated income, growth of income and gross margins. Mr. Justice Hildyard said HP had substantially won his case. His conclusions, Lean in the High Court of London, reach more than two years after the start of what was believed to be the largest civil fraud judgment in the United Kingdom, which was heard for nine months in 2019. The judge said the amount of damage to pay will be discussed at a later date. He circulated his full resolution on HP’s civilian affirmation to the parties and his legal teams, but has not yet been published and remains strictly under embargo.

The Secretary of Home Priti Patel must also make a decision on whether the founder of autonomy and the entrepreneur Mike Lynch must be extradited with the US. UU, where it faces fraud charges in a separate criminal case. The US authorities claim Dr. Lynch, who denies all the charges against him, deliberately exaggerated the value of his business, who specialized in software to order through large data sets. On Wednesday, the EM Patel was given until midnight on Friday to decide on its extradition, after a high court judge ruled against Dr. Lynch’s legal challenge for a previously established term. MS Patel had wanted to consider Mr. Justice Hildyards governing the civil affirmation of the Superior Court before making an extradition decision. Dr. Lynch, from Suffolk, argued that the technological giant was trying to become an expiratory goat for his failures.

His former financial director Sushovan Hussain was sentenced in April 2018 in the USA. UU of wire fraud and other offenses related to the sale of autonomy and was imprisoned for five years. In separate criminal procedures in the US. UU, Dr. Lynch faces securities fraud charges, wire fraud and conspiracy in a federal court on the sale of autonomy.