UK billionaire Joe Lewis, 87, avoids jail in insider trading case
Billionaire Joe Lewis, 87, has avoided jail for insider trading, being sentenced to probation and a $5 million fine.
Source: biznews.com
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Multibillionaire Joe Lewis to face US sentencing for insider trading
British multibillionaire Joe Lewis is scheduled to face sentencing in a U.S. court on Thursday for illegally sharing stock tips he gleaned through his investments. Federal sentencing...
Source: marketscreener.com
British billionaire Joe Lewis fined $5 million by US judge for insider trading
A U.S. judge ordered British billionaire Joe Lewis on Thursday to pay a $5 million fine and serve three years of probation for sharing illegal stock tips, allowing an investment firm's 87-year-old...
Source: marketscreener.com
Joe Lewis: How one of Britain's richest people broke insider trading laws
The 87-year-old - whose family trust owns Tottenham Hotspur - gave secret stock tips to his girlfriend and employees.
Source: bbc.co.uk
Joe Lewis: Former Tottenham owner avoids prison, fined $5million 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...
Source: theathletic.com