Autonomy Corp.'s former CFO pleaded not guilty to charges heschemed to inflate the price of his company's $11 billion takeoverby Hewlett-Packard Co. as the U.S. continues its investigation.
After Sushovan Hussain entered his plea Thursday, the SanFrancisco federal judge overseeing the case said he wants to movetoward a trial without delay. The executive traveled voluntarilyfrom England for Thursday's hearing and his lawyer has said he'seager to prove his innocence.
Prosecutors charged Hussain in November, five years afterHewlett-Packard admitted that its 2011 acquisition of Autonomy wasa bust. He and Autonomy co-founder Michael Lynch face a lawsuit byHewlett-Packard in a London court seeking $5.1 billion overallegations they made false claims about Autonomy's performance andfinancial condition to boost the company's value. Lynch wasn'tcharged in the December indictment.
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