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Autonomy's ex-audit chair has more problems

November 21, 2012: 12:10 PM ET

Jonathan Bloomer is having a terrible, horrible, no good, very bad week.

FORTUNE -- Jonathan Bloomer probably thought he hit professional rock bottom last Wednesday.

His six-year-old insurance venture Lucida PLC announced that it would no longer write new business, entering a run-off process after original owner Cerberus Capital Management proved unable to find a buyer or co-investors. Bloomer also resigned as CEO, but said that he would stick around as a non-executive director.

Today, however, Bloomer is facing a whole new different set of headaches.

While running Lucida, Bloomer also sat on a number of outside boards. Among them was British software company Autonomy, which later was acquired in late 2011 for around $11 billion by Hewlett-Packard (HPQ). Moreover, he was chairman of Autonomy's audit committee.

The reason that history now matters is because HP yesterday accused Autonomy of cooking the books prior to its acquisition, and that it would be taking a related $8.8 billion write-down. HP didn't specifically identify the executives it believes to have been responsible, but did say that it planned to pursue civil changes. If Bloomer didn't have counsel 48 hours ago, he probably does now.

It's also worth noting that Bloomer -- the former CEO of Prudential PLC -- actually became a partner with Cerberus prior to forming Lucida, and that he lists it as an active employer on his LinkedIn profile. Bloomer is not, however, listed on the Cerberus website, nor could an outside spokesman confirm whether or not he was still with the firm. I called up Cerberus in London, and was passed around a bit before finally being given a mobile number (seems he doesn't have an in-house extension). Left a  message, and will update this post if he responds.

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About This Author
Dan Primack
Dan Primack
Senior Editor, Fortune

Dan Primack joined Fortune.com in September 2010 to cover deals and dealmakers, from Wall Street to Sand Hill Road. Previously, Dan was an editor-at-large with Thomson Reuters, where he launched both peHUB.com and the peHUB Wire email service. In a past journalistic life, Dan ran a community paper in Roxbury, Massachusetts. He currently lives just outside of Boston.

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