The battle between Hewlett-Packard and former executives of the Autonomy unit that it acquired last year grows more bizarre by the day.
It also raises a series of interesting accounting questions and that of who's to blame when the due diligence for a major acquisition goes horribly wrong.
H-P alleges that an internal investigation has uncovered evidence of a concerted effort on the part of Autonomy senior managers to inflate financial metrics to fool investors and prospective buyers, extending back to the periods prior to its deal completed in October of last year. Investors are already filing suits to find ...