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https://en.wikipedia.org/wiki/Lernout_%26_Hauspie
History. Lernout & Hauspie was founded in 1987 by Jo Lernout and Pol Hauspie. After a difficult start, it quickly grew, and, in 1995, it went public on NASDAQ (LHSP), and was also quoted on the now-defunct Brussels-based EASDAQ exchange. Its headquarters were in Ypres, Belgium, and in Burlington, Massachusetts, USA.At its peak, Lernout & Hauspie had a market capitalization of almost US$10 billion.
https://www.studymode.com/essays/Lernout-Hauspie-66388708.html
Lernout & Hauspie Speech Products. The unique characteristics in L&H that made it prone to fraud were the rapid expansion and acquisition of companies beyond their boundaries, and the inability to oversee these operations.
https://www.hauspiepol.com/
Bill Gates invested in the company Pol co-founded: Lernout & Hauspie. The eight billion dollar company was the darling of Nasdaq and millions are using their speech technology.. Ego and quarterly stock market pressure led to fraud and jail for Pol, but this was a new awakening for him. "My message is a message of hope. amidst an environment of ego, greed and fear."
https://www.forbes.com/2001/01/19/0119disaster.html
Lernout & Hauspie claims its finances are on the up-and-up, but regulators on both sides of the Atlantic want to know if the company cooked its …
https://www.wsj.com/articles/SB988368435217772107
Lernout & Hauspie's co-founders were arrested on charges of forgery and stock-price manipulation, hours before the new management said it would liquidate assets.
https://www.thestreet.com/opinion/lernout-hauspie-the-plot-continues-to-thicken-as-new-details-emerge-734447
Messrs. Lernout and Hauspie have since invested a total of $5 million in Applied. "Nobody in their right mind would invest $5 million to get $1 million in revenues," Connolly said. (Maybe not, but ...
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