August 19th, 2024

Co-defendants in HP fraud trial pass away just days apart

Stephen Chamberlain, co-defendant of Mike Lynch, died in a car accident shortly before Lynch went missing after a yacht sank off Sicily, following their acquittal of fraud charges.

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Co-defendants in HP fraud trial pass away just days apart

Stephen Chamberlain, the co-defendant of British tech tycoon Mike Lynch in a US fraud trial, died in a car accident shortly before Lynch went missing after a yacht sank off the coast of Sicily. Chamberlain, who was the former vice president of finance at Autonomy, was struck by a vehicle while running in Cambridgeshire. His lawyer confirmed the incident, stating that Chamberlain had recently been acquitted of fraud and conspiracy charges alongside Lynch. The two faced allegations of inflating Autonomy's value prior to its sale to Hewlett Packard for $11 billion, which initiated a lengthy legal battle. Chamberlain had successfully cleared his name in a trial earlier this year, and his death has been described as a significant loss by those who knew him. Following his tenure at Autonomy, he worked at cybersecurity firm Darktrace and volunteered for Cambridge United soccer club. Meanwhile, Lynch's disappearance occurred just days after Chamberlain's death, as he was among six tourists missing after their luxury yacht sank during a tornado.

- Stephen Chamberlain, co-defendant of Mike Lynch, died in a car crash.

- Both men were acquitted of fraud charges related to the sale of Autonomy.

- Chamberlain had recently cleared his name in a trial before his death.

- Mike Lynch went missing after a yacht sank off Sicily shortly after Chamberlain's death.

- Chamberlain had a career in finance and worked with Darktrace and Cambridge United.

Link Icon 7 comments
By @djaouen - 3 months
After graduating from college in 2010, I was offered a position at Autonomy. I decided to turn it down based on the... less-than-stellar reviews on GlassDoor, et al. I know all companies have their foibles, but the reviews there made it seem like the company was a cult run by a charismatic leader (aka, Mike Lynch). I instead took a local job paying me nearly half what Autonomy offered me (although I did learn a ton at that job). My parents looked at me like I was crazy to turn down a nearly six-figure entry-level position.

That being said, I hope they find him. :(

By @ggm - 3 months
I don't think we're looking at a Robert Maxwell Yacht incident here. This really is just one of those million-to-one chance coincidences.
By @mmastrac - 3 months
Unless there's a magical weather controlling radar array out there with an agenda, I'm going to call coincidence on this one.
By @Tycho - 3 months
Why would a yacht with experienced crew suffer such a disaster near to port? Surely they would have life jackets? Radios? How unusual is this as a boat accident? (regardless of the other irregularities)
By @dnel - 3 months
It makes no sense, you hire a high end hitman who will make it look like a natural disaster and he goes and does both jobs before the weekend. Is there ball game on?