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HPE sues Lynch’s estate for $1.7B over alleged fraud in 2011 Autonomy deal, citing $700M in losses.
Hewlett Packard Enterprise is seeking $1.7 billion from the estate of late British tech entrepreneur Mike Lynch, who died in August 2024 when his yacht sank off Sicily.
HPE alleges Lynch and former CFO Sushovan Hussain misled them about Autonomy’s finances during the 2011 $11.1 billion acquisition, causing an $8.8 billion write-down.
A 2022 court ruling found HPE substantially succeeded in its claim, and in 2025, a judge determined HPE suffered around £700 million in losses.
HPE seeks $1.7 billion including interest and legal costs, while the estate disputes the interest amount and legal basis, arguing the claim is flawed and exaggerated.
A London hearing is ongoing to decide if the estate can appeal.
Lynch was acquitted of U.S. fraud charges in 2024, shortly before his death.
HPE demanda el patrimonio de Lynch por $1.7B por presunto fraude en el acuerdo de Autonomy de 2011, citando $700M en pérdidas.