HP and Autonomy co-founder Lynch sue each other in London

March 31, 2015 4:58 PM

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HP and Autonomy co-founder Lynch sue each other in London

LONDON (Reuters) - Hewlett-Packard Co (HPQ.N) has lodged a claim in London against Michael Lynch and a former colleague for damages of about $5.1 billion over their management of Autonomy, the company it bought in 2011.

Lynch will counter sue, seeking in excess of 100 million pounds ($149 million) for loss and damage caused by HP's accusations, his representatives said in a statement on Tuesday.

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