Who better to read on this topic than Professor Bainbridge? His bottom line:
“Martha Stewart was convicted on all counts. Longtime readers know that my take on the Stewart case was as follows: (1) The securities fraud count was bogus. The judge agreed and threw that one out. (2) The obstruction and false statement were proper in a hyper-technical sense, but should not have been brought as a matter of prosecutorial discretion. Obviously, the jury thought hypertechnicalities sufficed.”
Here is the full post, with links to his previous archive on the topic.
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