Re: Hang on a sec
And this is very much what lies behind this case, I think. HP’s management have realised that they blew a load of money and are doing whatever they can to distract attention from that.
And the extradition request they’ve managed to get US prosecutors to issue is more of the same. We’re likely to have the unedifying prospect of Lynch being out through the wringer if the US courts when HPE have already lost the court case in the UK. Fortunately, AFAIK IANAL, statements made by HP(E) execs in the London court case can be presented as evidence for the defense in a US trial. HPE will have a hard job denying that such statements, made under oath in the UK, count for naught in a US trial. Phrases like “shit show” may we’ll come back to bite them in the rear.
Furthermore (AFAIK IANAL), if shareholders do ultimately end up suing HP(E) board members, their sworn evidence given in the London case can be used against them.