Martha Stewart Settles Civil Charges

WNYC News | Jul 12, 2010

New York, NY —

Martha Stewart has agreed to pay a fine and stay away from leading a company for the next five years, to settle civil charges of insider trading.

Under the deal with the Securities and Exchange Commissioner, Stewart will pay about $195,000 and cannot serve as the director of a public company for five years.

Stewart sold ImClone shares a day before the FDA announced it had decided not to review ImClone's application for a new cancer drug.

The founder of Martha Stewart Living Omnimedia served five months in prison for lying about the sale.

WNYC is funded by sponsors and member donations

WNYC Homepage - Top Stories

The super PAC complicating the narrative for NYC progressives in Democratic primaries

What happens when a deep-pocketed super PAC promises a multimillion-dollar campaign to support progressive Democrats?

Gothamist |

A Memoir on Growing up in Gowanus, Before the Whole Foods

All Of It with Alison Stewart |

Bill Bradley on Knicks Fever and More

Bill Bradley talks about this year's NBA finals, reflects on his own championship season, and more.

The Brian Lehrer Show |

I.C.E.'s "Wartime Recruitment" Campaign

Hiring at the highest-funded U.S. law enforcement agency.

On the Media |