Autonomy founder Mike Lynch faces UK high court and fresh charges in US

Civil case opens in London as new American indictment alleges conspiracy

Autonomy founder Mike Lynch will on Monday begin his high court defence against accusations that he perpetrated a $5bn (£3.8bn) fraud, as US prosecutors unveiled fresh criminal charges accusing the British businessman of a cover-up.

Lawyers for Lynch will start their fight in London’s high court against a civil case brought by HP’s successor companies, who allege he fraudulently inflated the value of the Cambridge-based software firm Autonomy ahead of an £8bn takeover by Hewlett-Packard in 2011. The allegations of “serious accounting improprieties” were first made in November 2012, when Meg Whitman – the former eBay chief and one-time candidate for governor of California – was chief executive of HP.

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