tool name

close
tool goes here

Autonomy CEO lashes back at HP over statements

A

Published: Nov. 28, 2012 at 12:05 a.m. PST
0 comments

A n executive vilified by Hewlett-Packard Co. on allegations of an accounting ruse is escalating his counter-attack on the company accusing him. In a letter to HP’s board released Tuesday, former Autonomy CEO Mike Lynch fiercely defended his integrity. He also questions whether HP is using the charges of financial shenanigans to cover up damage caused by its own ineptitude. HP fired back with a statement that predicted its findings of misconduct will be proven in anticipated legal proceedings about the dispute. Lynch’s missive represented his most extensive remarks since HP accused him last week of deceiving the company about the growth of Autonomy.

News Tribune news services

JOIN THE DISCUSSION | Register here

We welcome comments. Please keep them civil, short and to the point. ALL CAPS, spam, obscene, profane, abusive and off topic comments will be deleted. Repeat offenders will be blocked. Thanks for taking part — and abiding by these simple rules. A thorough explanation of rules of conduct can be found in our Terms of Service. If you have any questions, including why your comment may not be showing immediately after you submit it, be sure to visit the commenting FAQ.

CONTESTS

Similar stories

  • HP takes $8.8 billion charge as result of Autonomy woes

    By MICHAEL J. DE LA MERCED and QUENTIN HARDY Hewlett-Packard said Tuesday that it had taken an $8.8 billion accounting charge after discovering “serious accounting improprieties” and “outright misrepresentations” at Autonomy, a British software maker that it bought for $10 billion last year.

  • US investigating H-P acquisition, company discloses

    According to an annual report filed Thursday by Hewlett-Packard, the U.S. Department of Justice has officially opened an investigation into its allegations of accounting fraud at Autonomy, the British software maker it acquired for $11 billion last year.

  • Pa. man charged with abducting, raping boy, 6

    A man abducted a 6-year-old boy from his yard, brought him home to play video games, then raped him and abandoned him in a park late at night, police said.

  • Down in Georgia, Falcons got Marshawn on their minds

    FLOWERY BRANCH, Ga. – Atlanta Falcons safety Thomas DeCoud and Seattle Seahawks running back Marshawn Lynch go back to Oakland.

  • Seahawks RB Lynch limited in Wednesday's practice

    Seattle Seahawks running back Marshawn Lynch was limited in Wednesday's practice as the team prepares for Sunday's NFC Wild Card playoff game against the Washington Redskins.