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ImClone CEO Waksal to plead guilty in insider case
ImClone Systems founder Sam Waksal plans to plead guilty to multiple federal charges including securities fraud perjury bank fraud and obstruction of justice a law enforcement source said The plea expected Tuesday could intensify scrutiny on Martha Stewart tied to alleged insider information and stock dumping before ImClone stock fell U.S. faces up to thirty years for the bank fraud charge.
MENTIONED IN THIS ARTICLE
ImClone
Sam Waksal
Associated Press
Martha Stewart
Waksal