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Billionaire Autonomy cofounder Mike Lynch’s and Stephen Chamberlain’s careers were intertwined for years in a fraud trial. Then they died on the same day miles apart - Fortune
Legal troubles created by the sale of Mike Lynch's business to Hewlett Packard are unlikely to end with his death as HP refused to rule out pursuing his estate for $4 billion as it weighs the risk of upsetting shareholders against reputational damage. https://t.co/UTllpUobIt https://t.co/bvOQVVSJjv
Will HP still demand $4B from Mike Lynch’s estate?: https://t.co/fmItezmnDv by TechCrunch #infosec #cybersecurity #technology #news
Hewlett-Packard (HP) is facing a potential public relations challenge as it considers pursuing $4 billion from the estate of Mike Lynch, the late co-founder of Autonomy. The legal issues stem from HP's acquisition of Autonomy, which has been fraught with controversy and accusations of fraud. Despite Lynch's recent death, HP has not ruled out the possibility of seeking the substantial amount from his estate. This decision involves weighing the financial recovery against potential reputational damage and shareholder concerns.
