Mike Lynch (businessman): Difference between revisions

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The sale of Autonomy to [[Hewlett-Packard]] in 2011 led to accusations of fraud and resulted in civil litigation in the UK in 2019. The case was decided largely in favour of Hewlett-Packard. In 2023, Lynch was extradited to the United States to face criminal charges. He went on trial in San Francisco in March 2024 and in June was found not guilty on all counts.
 
Lynch was celebrating his acquittal with a cruise on his family's superyacht, ''[[Bayesian (yacht)|Bayesian]]'', when it sank in a storm off the coast of [[Sicily]] on 19 August 2024. Lynch, his daughter and five others died.
 
==Early life and education==
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[[File:20240808 Bayesian Yacht.jpg|thumb|''Bayesian'' superyacht at [[Milazzo|Milazzo, Sicily]]]]
{{main|Bayesian (yacht)#Sinking}}
In August 2024, Lynch celebrated his acquittal in the San Francisco trial by joining his wife and daughter onwith a cruise on the family [[Superyacht|superyacht]], ''[[Bayesian (yacht)|Bayesian]]''. He was joined by his wife and daughter and nine invited guests, including two lawyers from his defense team. In the early hours of 19 August 2024, the shipyacht sank off the coast of [[Sicily]], outside the port of [[Porticello, Sicily|Porticello]], during a powerful storm, with Lynch and 21 other22 people on board.<ref name="Grierson">{{Cite news |last1=Grierson |first1=Jamie |last2=Weaver |first2=Matthew |last3=Tondo |first3=Lorenzo |date=22 August 2024 |title=Mike Lynch confirmed dead after yacht sank off Sicily coast during storm |url=https://www.theguardian.com/world/article/2024/aug/22/body-found-missing-uk-tech-entrepreneur-mike-lynch-yacht-bayesian-sicily |access-date=22 August 2024 |work=[[The Guardian]] |issn=0261-3077 |archive-date=23 August 2024 |archive-url=https://web.archive.org/web/20240823055111/https://www.theguardian.com/world/article/2024/aug/22/body-found-missing-uk-tech-entrepreneur-mike-lynch-yacht-bayesian-sicily |url-status=live }}</ref> Lynch, his teenage daughter Hannah, four guests, and one member of the crew drowned.<ref name="Tondo">{{Cite news |last1=Tondo |first1=Lorenzo |last2=Dugan |first2=Emily |date=2024-08-23 |title=Manslaughter charges considered as final body recovered from Sicily yacht |url=https://www.theguardian.com/world/article/2024/aug/23/mike-lynch-yacht-possibility-of-manslaughter-charges-as-final-body-retrieved-sicily |access-date=2024-08-23 |work=[[The Guardian]] |issn=0261-3077 |archive-date=24 August 2024 |archive-url=https://web.archive.org/web/20240824040404/https://www.theguardian.com/world/article/2024/aug/23/mike-lynch-yacht-possibility-of-manslaughter-charges-as-final-body-retrieved-sicily |url-status=live }}</ref> Lynch's wife, Angela Bacares, was among the 15 persons who were rescued.<ref name="Grierson"/> Lynch's body was recovered by the [[Corps of the Port Captaincies – Coast Guard|Italian Coast Guard]] on 22 August.<ref name="Grierson" />
 
Italian authorities opened an investigation and announced they were considering charges of [[manslaughter]].<ref>{{Cite news |last=Tondo |first=Lorenzo |date=2024-08-24 |title=Sicily yacht sinking could be result of human error, prosecutor suggests |url=https://www.theguardian.com/uk-news/article/2024/aug/24/sicily-yacht-sinking-manslaughter-investigation-opened |access-date=2024-08-25 |work=[[The Guardian]] |language=en-GB |issn=0261-3077 |archive-date=27 August 2024 |archive-url=https://web.archive.org/web/20240827090414/https://www.theguardian.com/uk-news/article/2024/aug/24/sicily-yacht-sinking-manslaughter-investigation-opened |url-status=live }}</ref>