And we await the San Francisco jury's verdict
Closing arguments were delivered today in Mike Lynch's criminal fraud trial in San Francisco, over a decade after the HP/Autonomy merger that provoked the whole kerfuffle.
This particular trial, on the US West Coast, was challenging to get going, as Lynch is a British citizen and Autonomy was based in the UK. The former CEO attempted to be tried in an English court, but in 2022HP blasts $5.1bn sueball at ex-Autonomy execs, Lynch preps return fire However, getting Lynch to the US didn't mean the immediate start of the trial. In September, Lynch's attorneys attempted to get the charges dismissed, though federal prosecutors didn't let up andon March 18. Lynch is facing 16 counts of fraud and conspiracy to commit fraud, and if found guilty of all of them, he could spend up to 20 years in prison, depending on how sentencing goes. Meanwhile, Chamberlain is on the hook for 15 counts.
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