Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinking

Fraud News

Tech tycoon, defense attorney, and Morgan Stanley banker among those missing in freak yacht sinking
ItalyLondonGeneral News
  • 📰 AP
  • ⏱ Reading Time:
  • 33 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 65%
  • Publisher: 51%

A superyacht that sank off the Sicilian coast during a storm left six passengers missing, including British tech kingpin Mike Lynch and his daughter Hannah. Lynch was acquitted in June in a longrunning U.S. fraud case and was apparently aboard the yacht with some of the people who stood by him throughout the ordeal. One of Lynch’s U.S.

FILE - British tech magnate Mike Lynch walks into federal court in San Francisco, March 26, 2024, Emergency services at the scene of the search for a missing boat, in Porticello Santa Flavia, Italy , Monday, Aug. 19, 2024. British tech giant Mike Lynch, his lawyer and four other people are among those missing after their luxury superyacht sank during a freak storm off Sicily, Italy ’s civil protection and authorities said. Lynch’s wife and 14 other people survived.

Lynch steadfastly denied any wrongdoing, asserting that he was being made a scapegoat for HP’s own bungling — a position he maintained while testifying before a jury during a 2 1/2 month trial in San Francisco earlier this year. U.S. Justice Department prosecutors called more than 30 witnesses in an attempt to prove their allegations against Lynch.

In a LinkedIn post soon after Lynch’s acquittal, Morvillo paid tribute to the team of lawyers who worked on the case and also his wife and two daughters. The case has “covered one third of my career,” he said. “It has been a constant presence in my life for the last 12 years.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

AP /  🏆 728. in US

Italy London General News Trials World News Bill Gates Business Crime Meg Whitman I Legal Proceedings Martha Stewart F World News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mike Lynch and Morgan Stanley’s Jonathan Bloomer missing after luxury yacht sinks off SicilyMike Lynch and Morgan Stanley’s Jonathan Bloomer missing after luxury yacht sinks off SicilyBritish tech tycoon Mike Lynch, Morgan Stanley International chairman Jonathan Bloomer, and Chris Morvillo, a prominent American lawyer, are among six people still missing after a tornado hit a luxury yacht off the coast of Sicily.
Read more »

Sicily yacht sinking: Divers search Bayesian for missing tech tycoon, Morgan Stanley bossSicily yacht sinking: Divers search Bayesian for missing tech tycoon, Morgan Stanley bossThe Italian Coast Guard said it is searching for six people, including Americans, who were aboard a luxury yacht that sank off the coast of Sicily in a storm. The missing also included a British tech tycoon. Fifteen people were saved, including a 1-year-old child. NBC News' Steve Patterson reports.
Read more »

Nvidia stock Top Pick at Morgan Stanley again after tech sell-offNvidia stock Top Pick at Morgan Stanley again after tech sell-offNvidia stock Top Pick at Morgan Stanley again after tech sell-off
Read more »

Nvidia stock Top Pick at Morgan Stanley again after tech sell-offNvidia stock Top Pick at Morgan Stanley again after tech sell-offNvidia stock Top Pick at Morgan Stanley again after tech sell-off
Read more »

Friday's analyst calls: Big Tech earnings reaction, Morgan Stanley gets a downgradeFriday's analyst calls: Big Tech earnings reaction, Morgan Stanley gets a downgradeMajor tech-related stocks and a big bank were among the stock being talked about on Wall Street on Friday.
Read more »

Jonathan Bloomer, Morgan Stanley International Bank Chair, Missing From Bayesian Yacht Off SicilyJonathan Bloomer, Morgan Stanley International Bank Chair, Missing From Bayesian Yacht Off SicilyJonathan Bloomer had given evidence in the long-running legal saga over claims of fraud against U.K. tech magnate Mike Lynch, who is also missing.
Read more »



Render Time: 2025-03-13 03:03:55