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Criminal

Nov. 16, 2016

Federal prosecutors indict British executive on fraud charges

A federal grand jury in San Francisco has indicted the former chief financial officer of Autonomy Corp. PLC on 15 counts of fraud related to its ill-fated $11 billion acquisition by Hewlett-Packard Co.

By Logan Noblin
Daily Journal Staff Writer

A federal grand jury in San Francisco has indicted the former chief financial officer of Autonomy Corp. PLC on 15 counts of fraud related to its ill-fated $11 billion acquisition by Hewlett-Packard Co.

According to the indictment filed last week and announced Monday, Sushovan Hussain defrauded securities traders, auditors and HP executives in the lead-up to the software company's 2011 acquisiti...

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