Deloitte Fined Record $19M Over Audit Failures
A U.K. investigation found the Big Four firm liable for “serious and serial failures” in its audits of software firm Autonomy.
The Simple Secret Behind Why Acquisitions Fail
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.
Ex-Autonomy Execs Charged With Duping HP
U.S. authorities allege the former CEO and the former finance VP lied about Autonomy's financial health before it was acquired by HP.
Ex-Autonomy CFO Convicted of Massive Fraud
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.
Hewlett-Packard to Sue ex-Autonomy CFO
The war between Autonomy and HP escalates as HP plans on suing Autonomy's ex-CFO for trying to blocking settlements with shareholders.