GigaomHP and shareholder groups settle and agree to turn legal sights on former Autonomy execs
Legal combatants agree to put their differences aside and pursue former Autonomy CEO and CFO for alleged wrongdoing. Read more »
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Legal combatants agree to put their differences aside and pursue former Autonomy CEO and CFO for alleged wrongdoing. Read more »
In response to the news, HP is saying that serious discussions over the shareholder derivative litigation is taking place, but a final deal has not been reached. Read more »
The flurry of M&A by legacy hardware vendors ain’t over yet, according to a new research note from Sanford Bernstein Senior Analyst Toni Sacconaghi. Read more »
After a couple tough years as HP chairman, Lane loses that gig and now faces a $100M tax bill from the IRS. Read more »
Already under scrutiny by British accountancy authorities over its pre-HP-sale book-keeping, Autonomy’s former management are now also the subjects of a more serious fraud investigation. Read more »
The UK’s Financial Reporting Council has opened an investigation into Autonomy’s reported financials in the two-and-a-half years leading up to its disastrous sale to HP. Read more »
Hewlett-Packard’s Autonomy woes just keep on rolling; Cisco drops $1.2 billion on Meraki’s Wi-Fi smarts; and Amazon’s retail operations face sales tax bite on in more states — sparking questions on… Read more »
The Federal Bureau of Investigation is looking into HP’s allegations that former Autonomy management misled the company about its books, according to a Bloomberg News report. The SEC brought in the… Read more »
Autonomy’s former management, including Mike Lynch, deny HP charges that they misled, practiced bad accounting and failed to disclose key information to HP prior to its acquisition of Autonomy. HP has… Read more »
Update: Hewlett Packard charges Autonomy with accounting improprieties, misrepresentations and disclosure failures and is pushing US and UK authorities to pursue criminal action. The company said $5 billion of an $8.8… Read more »