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EMEA Morning Briefing: U.S. Rate Uncertainty, Mideast Tensions Weigh on Mood

EMEA Morning Briefing: U.S. Rate Uncertainty, Mideast Tensions Weigh on Mood
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Joe Lewis trial: British billionaire avoids jail time after pleading guilty to insider trading

British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur football club, will not spend ...

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Joe Lewis spared jail time for part in 'brazen' insider trading conspiracy

The British billionaire Joe Lewis was spared jail time for his part in a “brazen” insider trading conspiracy on Thursday, and was instead fined $5m and given…

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Joe Lewis: British billionaire and Spurs owner, 87, spared jail time after pleading guilty in US to insider trading

Billionaire Joe Lewis said he hoped “to make amends and to rebuild the trust that I have squandered” in the remainder of his life.

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Billionaire Joe Lewis fined $5m but avoids prison

Judge Clarke said his crimes were "serious" and "strike at the integrity of our markets"

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Tottenham mogul Lewis spared prison for insider trading

Billionaire Tottenham Hotspur mogul Joe

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A U.S. judge spared Joe Lewis from prison time for the British billionaire's role in an insider-trading scheme, citing his age and poor health

A U.S. judge spared Joe Lewis from prison time for the British billionaire’s role in an insider-trading scheme, citing his age and poor health.

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Former Spurs owner Lewis avoids prison, fined $5m for insider trading

Joe Lewis, the founder of the company which owns Premier League club Tottenham Hotspur, has avoided prison for insider trading and conspiracy but must pay a $5million fine and serve three years’ probation, a Manhattan court judge has ruled. The 87-year-old British billionaire pleaded guilty in January after being indicted in the United States last July for “orchestrating a brazen insider trading scheme”. This, according to U.S. officials, involved the passing of information to “romantic partners and his private pilots.” U.S. sentencing guidelines had called for Lewis to serve 18 to 24 months in prison.However, prior to sentencing, federal prosecutors agreed with Lewis’ attorneys that, given Lewis' age, medical issues and willingness to come to the United States to face criminal charges, he had earned leniency in his sentencing.“Mr. Lewis is grateful that the court has imposed a probationary sentence that considers his health issues,” Mark Herr, his spokesperson told reporters outside of the courtroom. “As Mr. Lewis has previously stated, he regrets the decisions that led to this day.”Lewis, a U.K. citizen and resident of the Bahamas, will immediately leave the U.S. and be banned from re-entering the country, where his children, grandchildren and great-grandchildren reside.

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Ex-Spurs owner fined millions in insider trading scheme

Billionaire Joe Lewis dodges jail time but must pay $5 million fine after admitting guilt.

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Former Spurs owner Joe Lewis avoids jail

Former Spurs owner Joe Lewis avoids jail
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