4 ms·
> She risked, and lost, all that and ended up going to prison for acting on inside information That is not why she went to prison.
by tanderson92 9y ago
> She risked, and lost, all that and ended up going to prison for acting on inside information
That is not why she went to prison.
- doingmyting 9y agoI thought she went to prison for selling 200K of ImClone stock based on advice she got from one of the founders after ImClone failed to get FDA approval for their drug. What am I missing?
- r00fus 9y agoPray tell, why then?
- Coffeewine 9y agohttp://www.nytimes.com/2004/07/17/business/martha-stewart-s-sentence-overview-5-months-jail-stewart-vows-ll-be-back.html http://www.nytimes.com/2004/07/17/business/martha-stewart-s-... > for lying to federal investigators about a stock sale that she called ''a small personal matter.''
- diziet 9y agoThe charge (amongst others) that caused her to serve time in jail was 18 U.S.C. § 1001 (making false statements to federal investigators). The why was most likely insider trading allegations.