Investors sue HP over Autonomy writedown
From Technology News - Technology News Headlines | Bizjournals.com
November 26, 2012 - 4:57pm
It's not just Mike Lynch, the former CEO of Autonomy, who is accusing Hewlett-Packard of lying about last year's $11.1 billion purchase of the British software company.
A lawsuit filed by investors on Monday accuses HP of making misleading statements when it bought Autonomy last year. The tech giant last week took an $8.8 billion writedown connected to the purchase
The complaint was filed in federal court in San Francisco by the law firm of Robbins Geller Rudman & Dowd LLP.
HP last week said that…
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