HP sued by deal to buy Autonomy

An capitalist who claims that Hewlett-Packard Co know that the financial statements were misleading software firm

SAN FRANCISCO, UNITED STATES (26/NOV72012.) - Hewlett-Packard Co was sued by an broker on Monday claiming that the U.S. technologies company knew that the financial statements of the software firm Autonomy were tricking at the time of transaction 2011, according to lawyers representing the plaintiffs.

The proposed class action was filed in federal court in San Francisco.

HP dropped a bombshell on the market last week by announcing a write eight thousand 800 million dollars in the purchase of Autonomy, saying the British software company inflated sales with improper accounting.

HP, which bought Autonomy for 11 thousand 100 million dollars last year, said he notified regulators on each sides of the Atlantic for his complaint.

The lawsuit, one of the first to be submitted by investors due to the problem of Autonomy, HP ensures that hid the fact that obtained control of Autonomy based on financial statements which could not be trusted.

It also says that HP has not disclosed to dealers who tried to undo the agreement for Autonomy before closing due to financial issues.

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