Hewlett Packard Enterprise (HPE) has confirmed that it will pursue $4bn in damages against the estate of tech mogul Mike Lynch following his death in a yacht wreck off the coast of Sicily.
Lynch died when his superyacht, the Bayesian, sank in a storm off the Italian island on August 19. Six other people died in the sinking, including Lynch's 18-year-old daughter.
A little more than two months before his death, Lynch was acquitted of all 15 counts of fraud related to the sale of Autonomy at a criminal trial in San Francisco.
HPE had sued Lynch and his former chief financial officer Sushovan Hussain for allegedly inflating the value of his software company Autonomy before its acquisition for $11bn in 2011.
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