Mike Lynch Acquitted in High-Profile HP Fraud Case

British tech entrepreneur Mike Lynch cleared of all charges after a lengthy battle over the $11 billion sale of Autonomy to Hewlett Packard.

Lynch and co-defendant Stephen Chamberlain were found not guilty on 15 charges of wire fraud and conspiracy.
The case revolved around allegations of inflating Autonomy's revenue ahead of its 2011 sale to HP.
The acquittal follows a 12-year legal battle, including extradition from the UK and a civil trial loss in London.
Lynch argued that HP's mismanagement was to blame for the deal's failure, not fraud.
The verdict marks a significant setback for US prosecutors and a personal vindication for Lynch.