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HP Says Justice Opened Autonomy Investigation

The DOJ is looking into HP's claims of accounting errors.

By Adam Satariano and Aaron Ricadela, Bloomberg | Updated on January 02, 2013

The U.S. Justice Department opened an investigation relating to Autonomy Corp. after Hewlett-Packard Co. accused the software company of misrepresenting its performance before being bought last year.

Justice Department representatives informed the company on Nov. 21 of the probe, Hewlett-Packard said last week in its annual 10-K regulatory filing. The computer maker booked an $8.8 billion write-down related to Autonomy last month after finding that some revenue had been recorded prematurely or improperly.

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