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Article posted: 11/27/2012 2:18 PM

Hewlett-Packard: Evidence of accounting improprieties

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Hewlett-Packard, which acquired the Autonomy Corp. software company last year, says former Autonomy managers misreported finances to make the company appear more successful than it was.


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Mike Lynch, the former chief executive officer of Autonomy Corp., called on Hewlett-Packard Co.'s board to explain its allegations that Autonomy falsified financial statements that led to an $8.8 billion writedown.
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