That wascally Waksal

That wascally Waksal

ImClone Systems founder Sam Waksal pleaded guilty Tuesday to bank fraud and conspiracy in an insider trading scandal that threatens Martha Stewart and her home decorating empire.

But here’s the bigger piece of news

In an unusual move, prosecutors also said they are investigating a previously undisclosed sale of $30 million in ImClone stock by a Waksal associate that may result in new insider trading charges.

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