So many stupids
So thus far, we have seen that:
a) this was pushed by a CEO that promised he wouldn't do any big company acquisitions
b) nobody verified Autonomy's Financial records (no due diligence performed)
c) HP brought Autonomy to instead advertise a rival's product
d) There were big disagreements among top staff at HP
e) HP offered a sum to beat out the 4 Billion acquisition talked about with Oracle, which Oracle had already turned down as too expensive (they had checked Autonomy out)
f) HP requires Due Diligence on everything (except when it came to purchasing Autonomy)
g) HP's Due Diligence was little more than filling out a form and never a form of Due Diligence
h) the CEO was warned that Autonomy was a bad purchase, a dead man walking, a lame duck in the making.
and the Judge hasn't tossed out HP's case, because? It really seems at this point that HP's case was that there was some abnormalities in Autonomy's Financial Records but haven't actually shown the scale of this nor how it caused them to massively over-inflate their estimate of the company's value. Every large corporation probably has a bit of abnormality within its Financial Records due to the size and amount of transactions occurring, as well as chains that can/do lead back to the company in question. It seems entirely like HP has brought a case with no real evidence at all.