Advertisement
Canada markets open in 3 hours 23 minutes
  • S&P/TSX

    22,308.93
    +361.53 (+1.65%)
     
  • S&P 500

    5,222.68
    +94.89 (+1.85%)
     
  • DOW

    39,512.84
    +837.14 (+2.16%)
     
  • CAD/USD

    0.7310
    -0.0006 (-0.09%)
     
  • CRUDE OIL

    78.41
    +0.15 (+0.19%)
     
  • Bitcoin CAD

    86,018.12
    +2,640.83 (+3.17%)
     
  • CMC Crypto 200

    1,298.43
    +38.23 (+3.03%)
     
  • GOLD FUTURES

    2,345.50
    -29.50 (-1.24%)
     
  • RUSSELL 2000

    2,059.78
    +24.06 (+1.18%)
     
  • 10-Yr Bond

    4.5040
    +0.0040 (+0.09%)
     
  • NASDAQ futures

    18,291.25
    +36.25 (+0.20%)
     
  • VOLATILITY

    13.36
    +0.81 (+6.45%)
     
  • FTSE

    8,435.19
    +1.43 (+0.02%)
     
  • NIKKEI 225

    38,179.46
    -49.65 (-0.13%)
     
  • CAD/EUR

    0.6776
    -0.0013 (-0.19%)
     

HP to sue Deloitte unit over Autonomy merger: lawyer

A visitor takes a photo with a tablet in front of a Hewlett-Packard (HP) stand at the Mobile World Congress in Barcelona, February 27, 2014. REUTERS/Albert Gea (Reuters)

SAN FRANCISCO (Reuters) - Hewlett-Packard plans to sue the British unit of Deloitte over its role in auditing Autonomy Plc, the software company HP acquired but later accused of inflating financial figures, a lawyer for the U.S. company said in court on Monday. HP had previously disclosed its intention to pursue claims against Autonomy executives, including former chief executive Michael Lynch, in connection with the sale. (Reporting by Dan Levine; Editing by Meredith Mazzilli)