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Former Autonomy CFO Pleads Not Guilty in Case over HP Buyout

Sushovan Hussain is the sole executive charged after the 2011 merger.

By Joel Rosenblatt, Bloomberg | Updated on January 13, 2017

Autonomy Corp.’s former CFO pleaded not guilty to charges he schemed to inflate the price of his company’s $11 billion takeover by Hewlett-Packard Co. as the U.S. continues its investigation.

After Sushovan Hussain entered his plea Thursday, the San Francisco federal judge overseeing the case said he wants to move toward a trial without delay. The executive traveled voluntarily from England for Thursday’s hearing and his lawyer has said he’s eager to prove his innocence.

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