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HP Wins Autonomy Sale Case

Hewlett Packard has won a multibillion-dollar fraud case over its acquisition of a British software company. HP sued its founder and former chief financial officer, claiming they “artificially inflated Autonomy’s reported revenues, revenue growth and gross margins”. The conclusions, read out at the High Court in London, come more than two years after the start of what was believed to be the UK’s biggest civil fraud trial, which was heard over nine months in 2019. What are your thought on HP multibillion-dollar fraud case win over Autonomy sale ?

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