Mike Lynch to Testify in High-Stakes US Fraud Trial
The British tech entrepreneur faces up to 25 years in prison if convicted of defrauding Hewlett-Packard in an $11 billion deal.
- Lynch's testimony follows allegations of inflating Autonomy's revenue to secure the sale.
- The defense may seek a mistrial over alleged prosecutorial misconduct.
- Prosecutors describe Lynch as the mastermind behind a complex, multi-year fraud.
- HP's acquisition of Autonomy led to an $8.8 billion write-down due to accounting improprieties.
- Lynch argues HP mismanaged Autonomy and rushed due diligence.
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