Representatives for Lynch and US prosecutors said Lynch was acquitted on all 15 charges — one count of conspiracy and 14 counts of wire fraud.
Former Autonomy finance executive Stephen Chamberlain, who faced the same charges at trial alongside Lynch, was also acquitted on all counts, the Lynch representative said.
On the stand, the entrepreneur said he had been focused on tech issues, and entrusted money matters and the accounting decisions at issue to Sushovan Hussain, Autonomy’s then-chief financial officer.
Hussain was separately convicted in 2018 at a trial in the same court on charges related to the deal with HP.
HP largely won a civil lawsuit against Lynch and Hussain in London in 2022, though damages have not yet been decided.
Persons:
Mike Lynch, Lynch, Stephen Chamberlain, Chamberlain schemed, “, ” Lynch, Steve Jobs, Bill Gates, ” Abraham Simmons, ”, Leo Apotheker, Prosecutors, Chamberlain, Sushovan Hussain, Autonomy’s, Hussain
Organizations:
Hewlett, Packard, Autonomy, HP, United States, Cambridge University
Locations:
San Francisco, ” Cambridge, British, London