Hewlett-Packard Sued by MicroTech Over $5bn Autonomy Fraud Claim

Hewlett-Packard is being sued by MicroTech, a small software reseller it named in a $5bn fraud claim against the founders of the British software group Autonomy.
MicroTech’s suit says the company is owed $16.5m by HP for Autonomy software that was never properly delivered. It is the latest twist in the battle between HP and the Autonomy founder, Mike Lynch, and his finance director, Sushovan Hussain.
The British executives are fighting accusations by HP that they used “improper” transactions with small software resellers, including MicroTech, to artificially boost their company’s revenues.



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