1. Extensive links to Darktrace . After Lynch sold Autonomy, for which he is reported to have received £500 million ($656 million), he set up the venture capital fund Invoke Capital in 2012, which ...
  2. B ritish technology tycoon Mike Lynch - reportedly one of six tourists missing after a luxury yacht sank off the coast of Italy - founded software giant Autonomy in 1996, and made his name as ...
  3. markets.businessinsider.com

    Aug 22, 2024The charges carried a maximum penalty of 20 years in prison, and US prosecutors wanted to see Lynch give up the $815 million he made from the Autonomy sale. Advertisement Following the charges ...
  4. uk.finance.yahoo.com

    Aug 19, 2024Mike Lynch faced more than 20 years in US prison if convicted of fraud and conspiracy allegations (Yui Mok/PA) But the sale also kicked off a 13-year legal saga. It was only in June this year that Mr Lynch was cleared of charges alleging he orchestrated a fraud and conspiracy leading up to the deal, which turned into a costly albatross for HP.
  5. thestack.technology

    In contrast to most court judgments, though, the punchline of this one was revealed back in January when he found that Mike Lynch and Sushovan Hussain, the former CEO and CFO of Autonomy respectively did commit widespread fraud to inflate the company's numbers over many years. (Lynch sold his software company Autonomy to HP in 2011.
  6. interest.co.nz

    Aug 20, 2024The US legal win probably wouldn't have been the end of his legal troubles, as Lynch and Hussain lost a UK civil case against them brought by HP in 2022, with £4 billion sought in damages. Autonomy's auditors, Deloitte, copped a £15 million fine in 2020 for failing to act with integrity and objectivity.
  7. Nov 26, 2012Autonomy's founder, Mike Lynch, says he was blindsided by a public relations onslaught from Hewlett-Packard, little of which had to do with the substance of H.P.'s fraud claims about his company.
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