UK Court Awards £700 Mn To HP In Late Tycoon's Fraud Case [Barron's]
HP Inc. (HPQ)
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Source: Barrons
A UK court ruled in 2022 in favour of the US technology giant, now known as HPE, in a civil case linked to the sale of Lynch's company, Autonomy. Advertisement - Scroll to Continue Lynch, once dubbed the "British Bill Gates", founded software firm Autonomy in the 1990s. Its $11 billion sale to Hewlett Packard in 2011 also saw him face fraud charges in the United States. HP accused Autonomy of artificially inflating its revenues and growth before the sale. Hewlett Packard had demanded $5 billion in compensation. The company did not reply to an AFP request for comment. The British court had not yet awarded damages when Lynch was killed along with his 18-year-old daughter Hannah, four friends and the yacht's cook in the sinking of his British-flagged vessel Bayesian in a storm in August 2024. Advertisement - Scroll to Continue Lynch, 59, his family and guests were on board celebrating his acquittal in the massive US fraud case. The 56-metre (185-foot) yacht was struck by
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HPQ
Earnings
- 11/25/25 - Beat
HPQ
Sec Filings
- 12/12/25 - Form 4
- 12/10/25 - Form 4
- 12/10/25 - Form 4
- HPQ's page on the SEC website