May 13, 2019 / 9:19 PM / 10 days ago

Ex-Autonomy CFO sentenced in US to 5 years prison over HP fraud

May 13 (Reuters) - The former chief financial officer of British software company Autonomy was sentenced on Monday to five years in prison, after a U.S. jury found him guilty of fraud over the $11.1 billion sale of the company in 2011 to Hewlett-Packard.

Sushovan Hussain, 55, was also fined $4 million and ordered to forfeit $6.1 million.

The sentence was imposed by U.S. District Judge Charles Breyer in San Francisco, and was confirmed by a court official.

Prosecutors sought a 12-year prison term, while Hussain’s lawyers sought no more than one year and one day. Both sides agreed on the fine.

Lawyers for Hussain were not immediately available for comment. The office of U.S. Attorney David Anderson in San Francisco had no immediate comment.

Hussain and former Autonomy Chief Executive Mike Lynch are also defendants in a $5 billion civil fraud trial in London’s High Court, where Hewlett-Packard claimed they caused it to overpay for Autonomy by fraudulently inflating its value. (Reporting by Jonathan Stempel in New York Editing by Sonya Hepinstall)

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