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'We've done it, we've wasted further time!' Judge raps HP over Mike Lynch court scrutiny

Charlie Clark Silver badge

Sounds more like the underpants gnomes' strategy to me. Step 1 is already very tenuous. Bulking up revenues is standard practice and not in itself fraudulent. It's also what you have due diligence for.

HP's problem is that it broke off due diligence, ignored all the warning signs and went ahead with the purchase anyway. In which case the charge should be in a US court against the board of the time over material damage. Except, of course, their severance agreements no doubt include nice waivers

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