(Bloomberg) -- Michael Lynch, the former chief executive officer of Autonomy Corp., faces fresh criminal charges of wire fraud, securities fraud and conspiracy added Friday by U.S. prosecutors to his November indictment.
- The conspiracy charge includes an alleged “hush money” payment to prevent unnamed people from testifying in court
- The new charges come as Lynch begins a$5.1 billion civil trial brought by Hewlett Packard Enterprise Co.
- The original indictment stems from the British software maker’s 2011 sale to Hewlett-Packard
- The charges follow a failed bid by Invoke Capital, a London-based venture capital firm founded by Lynch, to resist disclosing details about transactions that prosecutors have said raise concerns about “potential hush money”
- Lynch’s lawyer, Reid Weingarten, didn’t immediately respond to an email after regular business hours seeking comment
- The case is U.S. v. Lynch, 18-cr-00577, U.S. District Court, Northern District of California (San Francisco)
To contact the reporter on this story: Joel Rosenblatt in San Francisco at jrosenblatt@bloomberg.net
To contact the editor responsible for this story: Elizabeth Wollman at ewollman@bloomberg.net
©2019 Bloomberg L.P.
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