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ID # 11582
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Other
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1
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Release Date |
12-31-69
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| Audition Date |
12-31-69
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Submission Deadline |
12-31-69
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| Shoot Date |
12-31-69
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1
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, has denied any wrongdoing in the ImClone sale The SEC had notified Stewart in October of its intent to file a civil complaint that could cost Stewart heavy fines and her job as CEO of her company Her personal attorney did not immediately return a call for comment Tuesday, and her public-relations firm said it did not have any immediate comment marthastewart 27, 2001 â€â€? one day before the Food and Drug Administration announced it would not review ImClone's application for approval of Erbitux, which the company had touted as a promising cancer drug : http://www com
Stewart's attorneys have told the company that she is the target of a criminal investigation by the U
Stewart sold nearly 4,000 shares of ImClone on Dec
A civil complaint by the Securities and Exchange Commission also is expected, according to the company's statement
Waksal has admitted he tipped off his daughter Aliza Waksal to sell ImClone stock before it plummeted on the bad news He could be sentenced to six to seven years in prison, plus fines â€â€? although his defense team is seeking a lighter term ImClone stock rose sharply on the news Stewart Indictment Near?
NEW YORK (AP) -- Federal prosecutors are seeking a criminal indictment against Martha Stewart "in the near future," her media company said Tuesday
In its statement, Martha Stewart Living said its directors "have been planning for a number of possible contingencies, are evaluating the current situation and will take action as appropriate com
ImClone Systems Inc But he has not implicated Stewart, and his plea was not part of an agreement to cooperate with prosecutors
Stewart, whose name has become synonymous with tasteful living for legions of followers, has been under investigation for selling shares of biotechnology company ImClone Systems Inc
Stewart has denied any insider dealing
Just this week, doctors concluded Erbitux, the ImClone cancer drug, worked just as well as an earlier company-sponsored study said it did
Stewart, 61, chairwoman and chief executive of Martha Stewart Living Omnimedia Inc Attorney James Comey, declined comment imclone
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On the Net:
Martha Stewart Living Omnimedia Inc "
The statement, issued Tuesday morning by Martha Stewart Living Omnimedia Inc : http://www ImClone's stock subsequently plunged Analysts have said charges could range from insider trading to obstruction of justice in December 2001 â€â€? just before disappointing news surfaced about a key ImClone-produced drug
attorney in Manhattan, which "intends to request the grand jury to return an indictment against her in the near future She has maintained that she had a standing order with her Merrill Lynch broker, Peter Bacanovic, to sell the shares if the stock fell below $60 "
ImClone founder Samuel Waksal, a friend of Stewart, is to be sentenced next week after pleading guilty in the ImClone insider-trading scandal S S
Federal authorities want to know whether Stewart sold ImClone shares because she had insider knowledge of the impending FDA decision , did not elaborate on the possible criminal charges
Marvin Smilon, a spokesman for Manhattan U
