Hewlett Packard Enterprise intends to develop a £3 billion claim against the estate of Mike Lynch following his death, emphasizing their commitment to the long-running fraud lawsuit.
Despite the passing of Mike Lynch, HPE remains resolute in pursuing its fraud claim, stating, "It is HPE's intention to follow the proceedings through to their conclusion."
The lawsuit centers on the controversial 2011 sale of Autonomy, which was touted as a major success until financial discrepancies emerged, prompting a High Court case.
In 2022, Lynch and his CFO were found liable for fraud, with a judge noting their actions inflated Autonomy's value, while a separate trial acquitted Lynch earlier this year.
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