Martha Stewart Loses Bid for New Trial
The Judge in the Martha Stewart trial rejected Martha Stewar's motion for a new trial based on witness perjury.
Lawyers for Ms. Stewart, the former chairman and chief executive of Martha Stewart Living Omnimedia, had argued that her case should be retried because a government witness was charged with perjury several weeks ago. The witness, Larry Stewart, has pleaded not guilty to two counts of lying during his testimony about his role in analyzing ink notations on a document listing Ms. Stewart's stock holdings. Lawyers for Ms. Stewart and Mr. Bacanovic had sought a hearing to determine whether prosecutors knew that Mr. Stewart, who is not related to Martha Stewart, lied on the stand.
Martha will be sentenced July 16, most likely, to 10 to 16 months. At least half of the minimum, or 5 months, must be served in jail or a federal prison, most likely a camp. We wouldn't take anything for granted though, not after Lea Fastow's judge refused to recommend a camp for her, resulting in the Bureau of Prisons designating her to a downtown Houston federal detention center.
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