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British tech tycoon: I only got justice because I'm rich

BBC Business LogoBBC Business18h ago

British tech tycoon: I only got justice because I'm rich - BBC Business

Quick Summary:

Mike Lynch was acquitted in the US after an expensive legal process he fears others could not afford.

They accused him of inflating the value of the firm by using backdated agreements to mislead about the company's sales, said he had concealed the firm's loss-making business reselling hardware, and also accused him of intimidating or paying off people who raised concerns.

Years of legal battles followed then, in 2018, US prosecutors brought charges against Mr Lynch.


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-01 @ 16:00:50 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 731 words

Reading Time: 5 minutes read

Sentences: 23 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 21889466

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 9 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 9 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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