British tech tycoon Michael Lynch arrives at Westminster Magistrates' Court, London, Tuesday, Feb. 8, 2021.
A British tech entrepreneur appeared in a London court Tuesday to fight extradition to the United States on fraud charges stemming from his firms takeover by Hewlett-Packard.
U.S. prosecutors say Michael Lynch inflated the value of his software company, Autonomy, before it was bought by Hewlett-Packard for $11 billion in 2011.
U.S. prosecutors say Michael Lynch inflated the value of his software company, Autonomy, before it was bought by Hewlett-Packard for $11 billion in 2011.
HP wrote off most of the Autonomy purchase price the following year, and the debacle triggered a boardroom shakeup at the American tech company.