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Ex-Autonomy boss Mike Lynch denies new US charges



 Mike Lynch

Image caption

Mike Lynch denies the charges against him
                

UK entrepreneur Mike Lynch has denied new criminal charges against him in London on Monday over the sale of his autonomy.

The civil case in London is about the £ 8.4bn sale of the software firm to Hewlett-Packard (HP) in 201

1.

On Friday US prosecutors added three new criminal charges to their indictment against Mr Lynch.

These are part of a 17-count indictment filed with the federal court in San Francisco.

"These are baseless, egregious charges issued in the UK, where this case belongs, and Dr Lynch denies them vigorously, "a spokesman for the entrepreneur said.

In the UK case, HP is suing Mr. Lynch and former Autonomy chief financial officer Sushovan Hussain for $ 5.1bn.

HP alleges they are selling the big data, but Mr Lynch and Mr Hussain deny the claims.

Who is Mike Lynch?

  • A United States (19659014) Is a Fellow of the Royal Society
  • What has been written on the boards of the British Library? the BBC

Autonomy was founded by Mr Lynch in 1996. It […]

Before it.

Before it which was bought by Hewlett-Packard, it was headquartered in San Francisco and Cambridge.

In 2010, about 68% of Autonomy's reported revenues came from the US and elsewhere in the Americas.

HP and US prosecutors allege that Mr Lynch and others 2011, causing HP to overpay for the firm.

But Mr Lynch has argued that HP uses the allegations to cover up his own mismanagement of Autonomy after the 2011 deal.

If found guilty, Mr Lynch – who was once dubbed Britain's answer to Bill Gates – could face jail time in the US.


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