Wednesday, 21 August 2024

Mike Lynch’s co-defendant in US fraud trial ‘fatally struck’ by car while jogging

https://www.theguardian.com/uk-news/article/2024/aug/19/mike-lynchs-co-defendant-in-us-trial-fatally-struck-by-car-while-jogging

Mike Lynch’s co-defendant in US fraud trial ‘fatally struck’ by car while jogging

Stephen Chamberlain was VP of finance for Autonomy, the firm co-founded by British tech tycoon missing in Sicily

2 comments:

  1. Foul play? Seems freakishly coincidental. The boat at anchor tips over in a harbour due to sudden waterspout at 3 in the morning has got to be a rare thing. Runner hit in road way accident is conceivable. So plausible deaths, perhaps, but both had just narrowly escaped US prosecution efforts.
    HP's acquisition (overpaid by about $9 billion) was a disastrous decision (or intentional malfeasance?) by its recent CEO Léo Apotheker, "a Jewish executive whose parents escaped the Holocaust". During Apotheker's 10-month tenure HP's valuation allegedly dropped by $30 billion.
    Another co-founder of Autonomy was David Tabizel who tweeted, "My biological father Bertold Wiesner had between 600-2500 kids."
    https://x.com/tabizel/status/1529811248560349184

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  2. https://tapnewswire.com/2024/08/22/bayesian-coincidence/
    But what connects these two individuals who died on the exact same day, on opposite sides of Europe?

    Only months before, Chamberlain and Lynch had just been acquitted in one of the biggest ever US fraud cases. The three month trial concerned the sale of their company Autonomy to Hewlett-Packard (HP) in 2011. The deal saw HP pay $11.7 billion for the company before $8.8 billion was written off the next year and legal proceedings pursued. HP claimed that Autonomy’s team had fraudulently inflated the value of the company whilst Autonomy claimed HP’s team had undertaken sloppy due diligence.

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