Star Witness Testifies Against Martha Stewart
Charleston Gazette (February 04, 2004)
Author: Erin Mcclam
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NEW YORK - The government's star witness against Martha Stewart testified Tuesday that Stewart's stockbroker ordered him to pass an ImClone Systems stock tip to Stewart just before she dumped her shares in the company.
Douglas Faneuil, a former assistant at Merrill Lynch & Co., testified that broker Peter Bacanovic ordered him on Dec. 27, 2001, to alert Stewart that the family of ImClone Systems founder Sam Waksal was trying to sell its shares.Star Witness Testifies Against Martha Stewart
Faneuil, 28, said he expressed concern and asked Bacanovic whether passing such a tip would be appropriate...
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