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International Business Times

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UK Court Awards GBP700 Mn To HP In Late Tycoon's Fraud Case

Mike Lynch HP United Kingdom Hewlett Packard Autonomy Sicily

Mike Lynch, the British tech tycoon involved in the case, died last year when his superyacht sank off Sicily (Credit: AFP)

A UK court Tuesday awarded GBP700 million ($946 million) compensation to IT firm Hewlett Packard in a fraud case involving late British tech tycoon Mike Lynch, killed last year when his superyacht sank off Sicily.

A UK court ruled in 2022 in favour of the US technology giant, now known as Hewlett Packard Enterprise (HPE), in a civil case linked to the sale of Lynch's company, Autonomy.

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