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Autonomy's Former CEO Hits Back at HP

Lynch Hits Back Still

Former Autonomy Corp. Chief Executive Officer Mike Lynch said the claim by Hewlett Packard Co. that more than $200m in improperly recorded revenue led to a $5bn writedown doesn’t make sense.

Analysts Had Questioned Autonomy's Accounting Years Ago

Question Mark

Hewlett Packard's surprising announcement of accounting irregularities at Autonomy caught the market by surprise on Tuesday and led to a nearly 12 percent decline in the company's stock. But Autonomy's accounting had been questioned by analysts years ago, according to one equity analyst that CNBC spoke to.

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