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Mike Lynch’s former CFO paid £77m to HP to settle fraud suit
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Mike Lynch’s former CFO paid £77m to HP to settle fraud suit
The former CFO of Autonomy paid £77m to Hewlett Packard companies to settle a lawsuit over the $11.1bn sale of the Cambridge business to the US tech giant in 2011. Sushovan Hussain spent three and a half years in a US prison after being found guilty of fraud over the deal. Now US stock exchange filings have revealed the extent of the payment he made earlier this year to end HP’s 10-year pursuit for compensation. There was no admission of wrongdo…
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