Friday, December 28, 2012

HP Confirms Federal Investigation Of Autonomy?s Alleged Fraud In Its Annual Report

autonomyHP has confirmed that the U.S. Department of Justice launched an investigation stemming from the Palo Alto company's allegations that it uncovered widespread accounting fraud at Autonomy, the British software maker it acquired for $11 billion last year. HP confirmed the investigation in its annual report filed Thursday with the U.S. Securities and Exchange Commission, though it offered no further details about the alleged fraud:

Source: http://feedproxy.google.com/~r/Techcrunch/~3/l-DWRx-WW2Q/

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