(Bloomberg) In a staggering loss for US prosecutors, a jury found UK tech tycoon Mike Lynch not guilty of criminal charges that he pulled off Silicon Valley’s biggest-ever fraud 13 years ago by duping Hewlett Packard Co. into buying his software startup for $11 billion.Most Read from BloombergBehind ‘Suicide Squad,’ the Year’s Biggest Video-Game FlopReal Estate Investors Are Wiped Out in Bets Fueled by Wall Street LoansVietnam Tycoon Sentenced to Death Faces New Charges: MediaBillionaire-Frie
Mike Lynch, a tech tycoon dubbed Britain s Bill Gates has been extradited to the United States to face criminal charges related to the $11 billion sale of his company Autonomy to Hewlett Packard.
The. | May 12, 2023