lewis
New York (AFP) - Billionaire Tottenham Hotspur mogul Joe Lewis has avoided prison in an insider trading case, with a New York judge on Thursday instead giving him three years' probation and a $5 million fine. Judge Jessica Clarke also imposed sweeping restrictions on his company Broadbay, calling his offending "undoubtedly serious" but sparing the 87-year-old businessman from time behind bars. "I'm here today because I made a terrible mistake. I'm ashamed, I'm sorry," Lewis said in a hushed voice before sentencing, following his guilty plea for supplying insider market information to acquainta...
AFP
New York (AFP) - The British billionaire owner of Premier League side Tottenham, Joe Lewis, pleaded not guilty to insider trading charges Wednesday in a US federal court. The 86-year-old Bahamas-based Lewis earlier traveled to the United States where he surrendered to authorities in New York. Lewis is accused of furnishing employees and lovers with inside information for years in a "brazen" scheme between 2013 and 2021 that raked in millions of dollars. The Attorney for the Southern District of New York, Damian Williams, announced on Tuesday that Lewis had been indicted along with two co-consp...
AFP
New York (AFP) - The British billionaire owner of Premier League side Tottenham, Joe Lewis, was arrested on Wednesday ahead of a court appearance in New York on insider trading charges, US prosecutors said. The 86-year-old Bahamas-based Lewis surrendered voluntarily after traveling to the United States to answer the charges, his lawyer told AFP in a statement. Lewis is accused of furnishing employees and lovers with inside information for years in a "brazen" scheme that raked in millions of dollars. The Attorney for the Southern District of New York, Damian Williams, announced on Tuesday that ...
AFP
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