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Stephen Chamberlain: Co-defendant of missing British tech tycoon Mike Lynch in US fraud trial dies in car crash

British technology magnate Mike Lynch's co-defendant in a US fraud trial died in a car crash just days before the businessman disappeared after his yacht sank off the coast of Sicily.

Stephen Chamberlain, a former vice president of finance at Autonomy who worked with CEO Lynch, was hit by a car while running on Saturday and died, his lawyer Gary Lincenberg said.

Less than 48 hours later, Mr Lynch was among six tourists missing after a luxury yacht sank in a tornado off the coast of Sicily early Monday.

You can find current information about the sunken yacht in our live blog from Click here.

In a statement, Mr Lincenberg said: “Our dear client and friend Steve Chamberlain was fatally struck by a car while jogging on Saturday.

“He was a courageous man of unparalleled integrity. We miss him deeply. Steve successfully fought to clear his good name in court earlier this year and his good name now lives on through his wonderful family.”

Mr Chamberlain faced the same fraud and conspiracy charges as his former boss, and was accused of inflating the value of the company before it was sold.

Mr Lynch negotiated the $11 billion (£8.64 billion) sale of Autonomy to Silicon Valley pioneer Hewlett Packard (HP), giving him a windfall of more than $800 million.

But the sale also marked the beginning of a 13-year legal saga. Both men were acquitted of all 15 charges by a jury in San Francisco in June. If convicted of the fraud and conspiracy charges, they faced more than 20 years in prison.

After leaving Autonomy in 2012, Mr. Chamberlain worked as chief operating officer for cybersecurity company Darktrace and volunteered as finance director for Cambridge United football club, according to his LinkedIn profile.

Mike Lynch and his wife Angela Bacares
Mike Lynch and his wife Angela Bacares (PA/Desmond O'Neill)

Another person familiar with the matter had previously said Mr Chamberlain was seriously injured in an accident in Cambridgeshire.

Cambridgeshire Police did not name Mr Chamberlain but appealed for witnesses to come forward following a collision between a pedestrian and a car on Newmarket Road in Stretham.

Officers said a blue Vauxhall Corsa was travelling on the A1123 between Stretham and Wicken when the collision occurred at around 10.10am on Saturday.

They added that a man in his 50s was taken to hospital with serious injuries.

The driver of the car, a 49-year-old woman from Haddenham, remained at the scene of the accident and assisted officers with their investigation.