[Info-vax] HPE going after Mike Lynch's estate

[Simon Clubley]

On 2024-09-15, Arne Vajhøj <arne at vajhoej.dk> wrote:
> On 9/5/2024 2:43 PM, chrisq wrote:
>> On 9/4/24 22:45, Single Stage to Orbit wrote:
>>> On Wed, 2024-09-04 at 18:24 +0000, Simon Clubley wrote:
>>>> HPE have decided to go after Mike Lynch's estate (ie: his wife). :-(
>>>>
>>>> https://www.theregister.com/2024/09/02/hpe_mike_lynch_damages/
>>>>
>>>> Absolutely the wrong thing for them to do.
>>>
>>> It's vindictive and mean-minded. I wonder who made the decision?
>> 
>> Greed hath no bounds. I guess it will be the shareholders forcing
>> this, but the uk case has not yet been appealed, so if will take a
>> lot of time.
>> 
>> Greedy grubby, spiv company, completely devoid of it's founders
>> ethical values and attitudes.
>
> Now it is practically a confession.
>
> https://fortune.com/europe/2024/09/13/hewlett-packard-chief-mike-lynch-grieving-family-lawsuit/
>

That's disgusting. :-( :-(

> "a ?difficult decision? done in ?the best interests of shareholders?"
>
> I don't think there is much difference between that and "greed".
>

The best way of protecting the interests of the shareholders would have
been to do proper diligence before purchase and offer a much more
realistic price.

Can I assume that, in order to protect the shareholders, they intend to
go after the HP management who made the purchase decision in the first place
without carrying out the due diligence checks before buying Autonomy ?

No, I didn't think so. :-(

Simon.

-- 
Simon Clubley, clubley at remove_me.eisner.decus.org-Earth.UFP
Walking destinations on a map are further away than they appear.