Autonomy Founder’s Trial Unveils HP’s Dysfunctional Management and Shifting Strategies
London, England – The long-awaited trial of Mike Lynch, the founder of software company Autonomy, is set to begin in San Francisco, California. Lynch has spent the last decade vehemently denying any wrongdoing, and both he and Autonomy’s former CFO, Sushovan Hussain, have pleaded not guilty. Lynch argues that Autonomy’s value was destroyed by Hewlett-Packard’s (HP) dysfunctional management and changes in strategy, and that the blame has been unfairly placed on him. The trial has been a lengthy process, with Lynch enlisting the services of attorney Reid Weingarten in 2013, shortly after HP wrote down … Read more