ACCOUNTING SCANDALS

  • HP accuses Autonomy of wrongdoing, takes $8.8 bn charge November 21, 2012

    New York: HewlettPackard Co stunned Wall Street by alleging a massive accounting scandal at its British software unit Autonomy and taking an $8.8 billion writedown, the latest in a string of reversals that renewed questions about the competence of the storied company's board and senior managers. HP said on Tuesday...