Wednesday, December 13, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Toshiba and Western Digital Reach Settlement, Agree to Strengthen Flash Memory Collaboration
Twitter Makes It Easier For Users to Create Threads
Tsinghua to Invest in China-based Lite-On Storage Plant
Facebook to Book Advertising Revenue Locally Following Pressure
New Radeon Software Adrenalin Edition Provides Amped-Up Connected Gaming
Nintendo Says Switch Sells 10 Million Worldwide
Toshiba Unveils Embedded NAND Flash Memory Products for Automotive Applications
FCC to Hand Over Internet Oversight to FTC
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > HP Warn...
Last 7 Days News : SU MO TU WE TH FR SA All News

Tuesday, November 27, 2012
HP Warns Of Legal Action Against ex-Autonomy CEO


Responding to former Autonomy CEO Mike Lynch's request for details of its accusations against the British software firm and its former executives, HP said that it would follow the legal process.

On Tuesday, Lynch sent an open letter to HP's board asking for details of allegations that the U.S. company is leveling against him and other executives, that HP said last week led to an $8.8. billion charge. Lynch also asked for any documents that HP provided to the U.S. Securities and Exchange Commission.

Responding to Lynch, HP said the matter was in the hands of the authorities, including the UK Serious Fraud Office, the US Securities and Exchange Commission's Enforcement Division and the US Department of Justice, and that the company would defer to them as to how they wish to engage with Dr. Lynch. HP added that it would take legal action against the parties involved at the appropriate time.

HP announced last week that it has initiated an internal investigation into a series of "accounting improprieties, disclosure failures and outright misrepresentations" that the company alleges occurred prior to HP?s acquisition of Autonomy.


Previous
Next
Google Play Requires Google+ Names For User Reviews        All News        Cyber Monday Online Shopping Reaches All Time High
Google Play Requires Google+ Names For User Reviews     General Computing News      Cyber Monday Online Shopping Reaches All Time High

Get RSS feed Easy Print E-Mail this Message

Related News
HP Patches New Keylogger Software in its Laptops
HPE and Dell Continue to Lead the Storage and Server Markets
HP Patches Code execution Bug in Enterprise Printers
AMD EPYC Processor Powers the New HPE Gen10 Server
New HPE Superdome Flex Server Offers up to 48TB of In-memory Analytics
HP Launches the Powerful ZBook X2 Detachable PC
HP Refreshes Spectre Portfolio With New Processors, Integrated Privacy Screen
HP Announces New Premium PCs, Offers Sevice As a Service, Launches University for Partner Employees
HP Announces new OMEN X Laptop
HP's Z VR Backpack G1 Workstation Puts Pros Into the VR World
HP Takes Back PC Shipment Crown from Lenovo
HP Debuts Omen Accelerator, Powerful Omen and Omen X Compact Desktops

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .