This report is taken from BBC News.
The MAIB report of the accident can be downloaded: HERE.
Doug Innes, director of the firm that managed the Cheeki Rafiki yacht has been charged with manslaughter after she capsized in 2014, killing all four crew.
The 40ft yacht had been missing in the North Atlantic when she was found with no sign of her crew in May 2014.
Andrew Bridge, Steve Warren, Paul Goslin and James Male lost their lives.
Douglas Innes is charged with four counts of gross negligence manslaughter and will appear at Southampton Magistrates’ Court on 3 November.
Mr Innes and his company Stormforce Coaching are also charged with breaking merchant shipping laws.
Skipper Mr Bridge, 22, from Farnham in Surrey, Mr Male, 22, from Romsey, Mr Warren, 52, from Bridgwater in Somerset and Mr Goslin, 56, from West Camel in Somerset, were on board Cheeki Rafiki when she began taking on water and contact was then lost.
The unoccupied 40ft yacht was found days later with the life raft still on board.
The men had been returning from Antigua Sailing Week to Southampton when they capsized approximately 720 miles (1,160km) east-south-east of Nova Scotia in Canada.
The Maritime and Coastguard Agency said it had carried out an investigation lasting more than two years into the circumstances surrounding the loss of the Cheeki Rafiki.
Stormforce Coaching said in a statement: “Our legal advisers are currently reviewing the evidence which the prosecution has served upon us in this respect.
“Our thoughts continue to be with the crew members’ families during this time.”
Cheeki Rafiki – MAIB report