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Ex-Autonomy CFO charged for fraud in $11bn acquisition by HP
short by Mansha Mahajan / on Sunday, 13 November, 2016
The former Chief Financial Officer of UK-based software firm Autonomy, Sushovan Hussain, has been indicted for allegedly defrauding investors and Hewlett-Packard about his firm’s performance before its $11 billion sale in 2011. Notably, the US government is seeking around $7.7 million from Hussain and the charges carry a combined maximum prison sentence of 20 years.
read more at The Guardian