NPR logo

Martha Stewart to Appeal Guilty Verdict

  • Download
  • <iframe src="https://www.npr.org/player/embed/1749664/1749665" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
Martha Stewart to Appeal Guilty Verdict

Business

Martha Stewart to Appeal Guilty Verdict

Martha Stewart to Appeal Guilty Verdict

  • Download
  • <iframe src="https://www.npr.org/player/embed/1749664/1749665" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

Martha Stewart leaves the federal courthouse in New York. Reuters/Corbis hide caption

toggle caption Reuters/Corbis

Home design icon Martha Stewart vows to appeal after being found guilty of conspiracy, obstructing justice and making false statements to investigators.

Stewart's stockbroker, Peter Bacanovic, is also found guilty of obstruction, conspiracy and perjury, but is acquitted of one charge of filing a false document.

A more serious charge of securities fraud filed against Stewart was dismissed by the trial judge.

Stewart was prosecuted in response to her December 2001 sale of 4,000 shares of stock in ImClone Systems. She unloaded the stock the day before news was made public that a cancer drug ImClone was developing had run into problems with FDA regulation. The drug was later approved.

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.