HP Issues Statement Regarding Open Letter From Mike Lynch

HP Issues Statement Regarding Open Letter From Mike Lynch

PALO ALTO, CA — (Marketwire) — 11/27/12 — HP (NYSE: HPQ) today issued the following statement in response to Mike Lynch-s open letter to the HP board:HP has initiated an intense internal investigation into a series of accounting improprieties, disclosure failures and outright misrepresentations that occurred prior to HP-s acquisition of Autonomy. We believe we have uncovered extensive evidence of a willful effort on behalf of certain former Autonomy employees to inflate the underlying financ