British tech tycoon Mike Lynch once hailed as UK's Steve Jobs faces claims he defrauded...

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British tech tycoon Mike Lynch once hailed as UK's Steve Jobs faces claims he defrauded...
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Lynch has been under house arrest in his San Francisco townhouse in an affluent part of the city since 2023.

Lynch has been under house arrest in his San Francisco townhouse in an affluent part of the city since 2023Mike Lynch, the multi-millionaire tech entrepreneur once hailed as UK's answer to Steve Jobs, will face a jury in California on Monday at a trial over the accusation he defrauded Hewlett-Packard in the $11 billion sale of his software company Autonomy.

Autonomy's unraveling ranks among the worst corporate deals, leading to the firing of HP's chief executive officer and an $8.8 billion writedown.Mike Lynch has been under house arrest in his San Francisco townhouse in an affluent part of the city since 2023 Hussain was separately convicted on U.S. charges in 2018. Months later, prosecutors brought charges against Lynch and Chamberlain.

At the trial scheduled to run into late May, jurors may hear from dozens of witnesses, including Leo Apotheker, the former HP chief executive who was fired weeks after the Autonomy deal was announced.

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