Martha stuart trial

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The former Navy intelligence analyst sold enough classified documents to fill a medium-sized room. Alexis later had two children via gestational surrogacy — Jude and Truman — making Stewart a grandmother. Read Next. Prince William tearfully recalls Tina Turner singalongs wi This story has been shared 91, times.

This story has been shared 88, times. This story has been shared 33, times. This story has been shared 32, times. View author archive Get author RSS feed. Name required. Email required. Neither Stewart, 62, nor Bacanovic testified at the trial, which began Jan. Attorneys for Bacanovic called just a handful of witnesses while Morvillo called only one witness. The panel of eight women and four men began deliberating Wednesday on whether Stewart and Bacanovic, 41, obstructed justice and lied to the government about her sale of ImClone Systems Inc.

The conviction came exactly a week after U. The charge -- which the judge had called "novel" during the trial -- accused Stewart of using her own statements that she was innocent as a ploy to mislead investors in her company, Martha Stewart Living Omnimedia.

The company said it would survive but analysts said the verdict was a serious threat. Stewart quit as chairman and CEO of Martha Stewart Living after she was indicted last summer but stayed on as chief creative officer.

For more on the company's outlook, click here. Despite the intense publicity surrounding the trial -- the most closely watched of the recent corporate fraud cases -- the stock trade at its center involved a relatively small amount of money. For more on the scandals, click here. Ironically, Erbitux, the ImClone drug at the heart of the scandal, was approved by regulators last month to treat certain forms of cancer.

Prosecutors argued that Stewart sold her ImClone stock only after Bacanovic told his assistant to tip her off that ImClone founder Sam Waksal was trying to sell. Bacanovic was broker to both Stewart and Waksal, who is serving a seven-year prison term after pleading guilty to securities fraud over his family's sale of ImClone shares.

The government's star witness in the case, Douglas Faneuil, Bacanovic's former assistant, testified that his boss ordered him to pass the inside tip about ImClone to Stewart. Mark Powers, Faneuil's attorney, said his client "came forward because his conscience told him it was the right thing to do.