Tech tycoon Mike Lynch cleared of all fraud charges in

Lynch faced 15 counts of fraud over the $11.1bn purchase of his company Autonomy by HP in 2011

British tech tycoon Mike Lynch was found not guilty Thursday on all 15 counts of fraud he faced over the $11.1bn purchase of his company Autonomy by Hewlett-Packard in 2011.

Lynch’s trial began in March in San Francisco after a lengthy battle over his extradition from England to the US. He was first charged in 2018, accused of inflating sales, misleading regulators and duping his eventual buyer.