Mike Lynch fraud trial enters day two as prosecutors paint UK tech tycoon as ‘controlling’

Autonomy co-founder accused of intimidating people who raised concerns before 2011 HP takeover and inflating software firm sales

The British entrepreneur Mike Lynch will return to court in San Francisco on Tuesday after prosecutors used the opening day of his criminal trial to paint him as a “dominating, controlling, intimidating boss” who orchestrated a huge fraud.

Lynch, co-founder of the UK software company Autonomy, stands accused of artificially inflating the software firm’s sales; misleading auditors, analysts and regulators; and intimidating people who raised concerns before its blockbuster takeover by Hewlett-Packard (HP) in 2011. Continue reading…
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