Lynch and Hussain have denied the allegations.
Lynch's lawyer Robert Miles told the court on Monday that HP's then-chairman Ray Lane had "serious cold feet" almost immediately after the deal was announced, and the company's board and Free stuff duluth mn had never seriously tried to integrate Autonomy. HP has argued Lynch and Hussain were complicit in a plan to inflate the value of Autonomy through a series of fraudulent transactions, such as selling hardware at a loss and "round-trip" deals, a type of barter with no real commercial rationale.
Lynch had told "lie after lie", HP's counsel said. Miles, however, said on Monday that there were two levels to the case: firstly whether Swinigng. were any underlying problems with Autonomy's s; and secondly, if there were such problems, whether Lynch was complicit. He said the allegation that Lynch knew that any of Autonomy's s were false was ny far-fetched", given that he was already rich and successful and he would continue to lead Autonomy after it was acquired, by which time HP would have full access to all of the s.
Story continues Closing arguments in the civil case will end this month, although further evidence could be heard in the coming months before Judge Robert Hildyard makes his judgement later in the year. The United States last month formally requested the extradition of Lynch to face criminal charges including securities fraud, wire fraud and conspiracy over the HP deal.
Hussain was granted bail in June while he appeals his conviction.