4 ms·
> If the books are accurate A big "if." That seems to be what the trial was about, although I have to admit I haven't followed the evidence. I didn't even know
by AlbertCory 2y ago
> If the books are accurate
A big "if." That seems to be what the trial was about, although I have to admit I haven't followed the evidence. I didn't even know this trial was taking place.
Usually the auditors have to sign off on the books, and they're the ones who get sued if they fail to detect fraud.
But yeah, HP management's got to be making Dave and Bill spin in their graves. The real carrier of the HP legacy is Agilent and its spinoffs.
- mannykannot 2y agoindeed - Lynch lost a civil fraud case over the matter in a British court in 2022. HP sued its founder and former chief financial officer, claiming they "artificially inflated Autonomy's reported revenues, revenue growth and gross margins". Mr Justice Hildyard said HP had "substantially won" its case. https://www.bbc.com/news/uk-england-cambridgeshire-60170510 https://www.bbc.com/news/uk-england-cambridgeshire-60170510
- AlbertCory 2y agoI'm really wondering what evidence the US jury saw, then. Seems like it should have been a winnable case for the prosecution. Oh well.