Sept 2 (Reuters) - Hewlett Packard ( HPE ) said on

Monday it would continue legal proceedings to seek up to $4

billion in damages from British billionaire Mike Lynch's estate

in the UK.

The U.S. company had been seeking compensation over its

acquisition of British tech firm Autonomy amid claims of fraud

masterminded by its co-founder Mike Lynch to inflate the

company's value.

Lynch, who died in August when his yacht sank off the coast

of Sicily, had denied any wrongdoings.

"It is HPE's intention to follow the proceedings through to

their conclusion," the company said in an emailed statement to

Reuters.

HP had bought Autonomy for $11.1 billion in 2011, in one of

the UK's biggest tech deals. But in late 2012, the company said

it had discovered a massive accounting scandal at the British

tech firm.

In 2022, HP won a civil case against Lynch but a High Court

judge said that any damages would be less than the $5 billion HP

had claimed.

The company had filed the lawsuit against both Lynch and

Autonomy's former chief financial officer, Sushovan Hussain.