British tech tycoon cleared in US fraud trial

By 2024-06-07Science & Tech

British tech tycoon Mike Lynch has been cleared of fraud charges he faced in the US 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 in a stunning victory for Mr Lynch, who had been accused of inflating the value of Autonomy, his company, ahead of its sale.

Mr Lynch ... Read even more

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