87-year-old British billionaire Joe Lewis has pleaded guilty to insider trading charges. His legal team has requested a Manhattan federal judge to forgo prison time in favor of a three-year supervised release and a $5 million fine. Lewis, a significant investor in several companies, admitted to passing insider information to personal pilots and girlfriends.
Lawyers for British billionaire Joe Lewis have asked a Manhattan federal judge not to impose any prison time after his plea to insider trading. https://t.co/mzzAiGjmpq
87-year-old billionaire Joe Lewis says he’s too old for prison after pleading guilty to insider trading. https://t.co/3pcUqFV0J5
87-year-old billionaire Joe Lewis says he’s too old for prison after pleading guilty to insider trading https://t.co/Cx26y95wZb
Billionaire Joe Lewis says he should be spared prison time after pleading guilty to insider trading & instead have supervised release for 3 years & fined $5 million, per Bloomberg. He passed info from companies in which he was a large investor to personal pilots & girlfriends.
British billionaire Joe Lewis says he should be spared prison time after pleading guilty to insider trading and instead be put on supervised release for three years and fined $5 million https://t.co/VYcAgIy7Gs