There’s apparently little inclination to wait for the legal system to establish who wronged whom with respect to the allegations that Autonomy committed accounting sleight of hand prior to being acquired by HP. Both HP and the erstwhile head of Autonomy are making their claims and counterclaims public. Mike Lynch, founder of Autonomy, came out swinging in an open letter to HP’s board of directors, stating that the company’s books were clean and in accordance with international accounting standards. “I utterly reject all allegations of impropriety,” he wrote.
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Fur Flies Over Autonomy's Alleged Cooked Books
Posted by: Erika Morphy November 28, 2012 12:39 PMThere’s apparently little inclination to wait for the legal system to establish who wronged whom with respect to the allegations that Autonomy committed accounting sleight of hand prior to being acquired by HP. Both HP and the erstwhile head of Autonomy are making their claims and counterclaims public. Mike Lynch, founder of Autonomy, came out swinging in an open letter to HP’s board of directors, stating that the company’s books were clean and in accordance with international accounting standards. “I utterly reject all allegations of impropriety,” he wrote.