A U.K. investigation found the Big Four firm liable for “serious and serial failures” in its audits of software firm Autonomy.
Acquisitions are a zero-sum game: both buyer and seller need to feel they are getting a good deal. Unfortunately, buyers usually pay too much.
U.S. authorities allege the former CEO and the former finance VP lied about Autonomy's financial health before it was acquired by HP.
A U.S. jury finds Sushovan Hussain "misused his special skills in accounting" to inflate the U.K. software firm's revenues before it was acquired by HP.
The war between Autonomy and HP escalates as HP plans on suing Autonomy's ex-CFO for trying to blocking settlements with shareholders.
Computer giant files report saying it has evidence that the British software firm inflated reported revenues prior to HP deal.
