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Mike Lynch’s Co-defendant and Former Autonomy VP Stephen Chamberlain Dies in Tragic Accident

Mike-Lynchs-Co-defendant-and-Former-Autonomy-VP-Stephen-Chamberlain-Dies-in-Tragic-Accident

Stephen Chamberlain Struck by a Car While Running

Stephen Chamberlain, the former vice president of finance at Autonomy, tragically died after being hit by a car. The accident occurred on Saturday morning in Cambridgeshire while Chamberlain was out running. His lawyer, Gary Lincenberg, confirmed the news, describing Chamberlain as a “dear client and friend.”

Figure 1: Mike Lynch’s Co-defendant and Former Autonomy VP Stephen Chamberlain

Chamberlain, in his 50s, was taken to the hospital but couldn’t survive due to severe injuries. Cambridgeshire police have appealed for witnesses and information regarding the incident.

Connection to Mike Lynch’s Legal Troubles

Chamberlain was recently acquitted alongside Mike Lynch, former CEO of Autonomy, in a U.S. fraud trial. Both were accused of fraud and conspiracy related to inflating Autonomy’s value before its sale to Hewlett-Packard (HP) in 2011. The San Francisco jury acquitted them of all 15 charges in June.

Figure 1: A high-profile fraud case brought against Mike Lynch was just cleared of all charges a few weeks ago.

Mike Lynch Missing After Yacht Sinking

Mike Lynch, 59, is currently missing after his luxury yacht, the Bayesian, sank off the coast of Sicily on Monday. The yacht was struck by a violent storm, causing it to capsize. Lynch’s 18-year-old daughter, Hannah, is among the six missing, while his wife, Angela Bacares, was among the 15 rescued.

The Bayesian, a 56-meter superyacht, sank around 4:30 AM local time. The search for Lynch and the others is ongoing.

Chamberlain’s Career and Legacy

Stephen Chamberlain served as Autonomy’s vice president of finance until 2012 when he joined Darktrace as chief operating officer. According to his LinkedIn profile, he was also a dedicated volunteer, working as a finance director for Cambridge United.

The sale of Autonomy to HP was the largest tech takeover of a FTSE 100 firm then. However, HP later wrote down £5.5 billion of the company’s value, alleging inflated revenue streams.

Chamberlain’s untimely death and Lynch’s disappearance have shocked the tech and business communities. The investigation into the tragic events continues.

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