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Topic: Business
Number of pages / Number of words: 7 / 1728
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The SEC states that Marta not only received this information about the Waksals sale of their shares but she and Bacanovic also went on to lie about the sale of Marta's stock and make up an alibi about their reason for selling the stock. Bacanovic told the commission that he and Marta had earlier had come to the conclusion to place a sell order on her stock if the price of the stock fell below 60 dollars per share...


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Bacanovic told the commission that he and Marta had earlier had come to the conclusion to place a sell order on her stock if the price of the stock fell below 60 dollars per share.

Martha and her broker Peter Bacanovic were indicted on nine criminal counts from the SEC. Jurors found Stewart guilty on four counts of conspiracy, obstruction and making false statements...


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