SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Martha Stewart -- Scourge or Scapegoat

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jeffrey S. Mitchell who started this subject5/21/2004 2:02:36 PM
From: Glenn Petersen  Read Replies (1) of 165
 
Martha Stewart stock up 20 pct on legal advisory

channels.netscape.com

NEW YORK, May 21 (Reuters) - Shares of Martha Stewart Living Omnimedia Inc. rose as high as 20 percent on Friday, following a report that a perjury charge is expected to be filed against a U.S. Secret Service employee involved in the Martha Stewart stock-manipulation case.

The U.S. Attorney's Office said that they were planning a press conference "to announce the filing of charges against a government official for having committed perjury in a major prosecution."

The U.S. Attorney's office declined to comment on what the matter was in reference to. The company was not immediately available to comment.

NBC News reported that matter was linked to the Martha Stewart case.

Martha Stewart's stock rose as high as $10.40, before trading up $1.45 at $10 on the New York Stock Exchange at mid-afternoon.

© Copyright Reuters Ltd. All rights reserved. The information contained In this news report may not be published, broadcast or otherwise distributed without the prior written authority of Reuters Ltd.

05/21/2004 13:38
RTR
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext