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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Alan Smithee who wrote (13939)	8/7/2002 7:28:04 PM
From: Augustus Gloop	Read Replies (2) \| Respond to of 17639

I don't think so Committee Asks For Martha Stewart's E-Mails Stewart Declines To Meet With Investigators POSTED: 9:30 p.m. EDT August 6, 2002 UPDATED: 9:48 p.m. EDT August 6, 2002 NEW YORK -- Congressional investigators have asked for additional records from Martha Stewart as they widen the probe into her sale of shares of ImClone stock a day before they plummeted. The House Energy and Commerce Committee wants some of Stewart's e-mails, records from her business manager and additional information on her phone numbers. In a letter to Stewart's lawyer Tuesday, committee chairman Billy Tauzin again requested an interview with Stewart to clear up discrepancies between her account of the sale and that of her broker and his assistant. Stewart has declined to meet with investigators. She said she had an order to sell her stock when it went below $60 and disposed of nearly 4,000 shares a day before ImClone stock tanked on news that regulators wouldn't accept its application to review its highly touted cancer drug. Doubt has been cast on that assertion because she and her Merrill Lynch broker differ on when the order was placed. ____________________________________________________________ Stockholder Sues Martha Stewart Florida Man Seeking Unspecified Damages POSTED: 2:05 p.m. EDT August 3, 2002 NEW YORK -- More trouble for domestic diva Martha Stewart. She's now facing a lawsuit by a stockholder who claims she violated her commitment to her investors by becoming involved in the ImClone insider trading scandal. The suit has been filed by Conrad Hahn of North Port, Fla. He's seeking unspecified damages and his lawsuit is believed to be the first against Stewart for alleged damage to her company. Stewart has been under investigation by securities officials looking into her sale of almost 4,000 shares of ImClone stock. She ditched the stock just a day before the government announced it wouldn't approve the firm's experimental cancer drug. That announcement sent shares plummeting -- and it left investigators wondering whether Stewart had been tipped off to sell. She's friends with the former head of ImClone. The stock price of Stewart's company has plunged since the scandal broke