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  • British tech giant Mike Lynch acquitted after 12-year legal battle

    June 7, 2024

    Lynch was initially charged with 16 counts, including wire fraud and conspiracy but one charge of securities fraud was dropped during the trial.

  • Darktrace rises on revenue growth and improved forecast

    April 11, 2024

    Darktrace added 170 customers in the third quarter, with almost 1,000 added since March 2023, taking its client base to a total of 9,402.

  • Mike Lynch loses Darktrace board seat amid lawsuit controversy

    April 10, 2024

    An analysis of the Darktrace shareholder register reveals that the Invoke’s holding has fallen below the level needed to appoint a director.

  • Darktrace reports jump in revenue and notes growing cyber threats from AI

    March 7, 2024

    For the six months to the end of December, the company recorded revenue of $330.3m (£259m) and a gross profit margin of 89.3 per cent.

  • Former Autonomy boss Mike Lynch settles data claim with SFO days before trial

    March 5, 2024

    Mike Lynch, the former boss of software firm Autonomy, has settled his lawsuit with the Serious Fraud Office (SFO), days before the parties were due in court. Lynch filed a data lawsuit against the UK’s fraud agency at the end of January, ahead of his criminal trial in the US. According to his claim form [...]

  • Mike Lynch: Extradited businessman hires Boris Johnson and Man City’s lawyer Lord Pannick for SFO data fight

    February 21, 2024

    Pannick was reportedly on £10,000 an hour during Boris's Partygate hearing, when treble-winners Manchester City hired him to fight financial fair play breach claims.

  • Former Autonomy boss back in court over loss suffered by HP

    February 10, 2024

    Lawyers for the former boss of software firm Autonomy will be back in court on Monday as Hewlett-Packard (HP) seeks damages over losses it suffered.

  • Former Autonomy boss sues SFO ahead of US fraud trial

    January 31, 2024

    Mike Lynch, the former boss of software firm Autonomy, has filed a lawsuit against the UK's fraud agency ahead of his criminal trial in the US.

  • Darktrace reports strong revenue growth as investment in customer service pays off

    January 11, 2024

    Cyber security company Darktrace has today reported a 24.3 per cent increase in annualised recurring revenue for the six months to 31 December 2023

  • Investors express concern about Mike Lynch’s influence at Darktrace

    December 8, 2023

    At Darktrace's annual meeting, 56.67 per cent of shareholders voted against the election of Patrick Jacob as a non-executive director.

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