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An extraordinarily upset Martha Stewart ordered all her ImClone Systems stock sold after she learned the company founder was dumping his own shares, the <a href=https://www.stanleycups.ro>stanley romania</a> prosecution s star witness testified Wednesday at the homemaking mogul s trial.Douglas Faneuil, a former assistant at Merrill Lynch Co., said he passed along the tip to Stewart on orders from her broker Peter Bacanovic when she called on Dec. 27, 2001. Peter thought you might like to act on the information that Sam is sell <a href=https://www.cups-stanley.uk>stanley flask</a> ing all of his shares, Faneuil said he told Stewart, referring to ImClone founder Sam Waksal.Faneuil said he quoted ImClone s stock price, and Stewart eventually declared: I want to sell. Faneuil placed the sell order, netting her about $228,000.The Food and Drug Administration issued a negative report the next day about ImClone s experimental cancer drug, sending the stock down 18 percent. Stewart saved about $50,000 by getting out when she did. Waksal is serving a seven-year prison sentence for securities fraud and other charges. Faneuil s testimony is the centerpiece of the government s case against Stewart and Bacanovic, who are accused of repeatedly lying to investigators by insisting they had a pre-existing agreement to sell the stock when it fell to $60. Prosecu <a href=https://www.stanley-cups.de>stanley becher</a> tors told jurors in opening statements that Faneuil is an admitted criminal so clearly they are not trying to hide the fact that he initially lied about the stock trade that generated this case, said CBSNews Legal Analyst A Ocsb Parents, Does This Psychological Trick Work With Your Kids
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