UK Tech Tycoon Lynch Cleared of HP Fraud Charges in US Trial

Reported 6 months ago

In a stunning US trial verdict, UK tech tycoon Mike Lynch has been acquitted of criminal charges related to allegedly duping Hewlett Packard Co. into acquiring his software startup for $11 billion, marking a significant legal victory after a previous civil trial in London. After a three-month trial with Lynch as a witness, including allegations of revenue manipulation and fraud, Lynch has been found not guilty, allowing him to return to the UK and focus on his family and innovations.

Source: YAHOO

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