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ImClone founder Sam Waksal, whose sale of company stock in late 2001 is linked to the federal case against Martha Stewart, was sentenced Tuesday to seven years and three months in prison and ordered to pay $4 million in fines and back taxes.U.S. District Judge William H. Pauley rejecte
stanley website d Waksal s plea for a lighter sentence based on ImClone s cancer research, Waksal s humanitarian works and the i
stanley mugs ntense media interest surrounding the case. The harm that you wrought is truly incalculable, the judge said.Earlier, with his voice breaking, Waksal apologized in court to his family and former employees. I am deeply disturbed and so very sorry for my actions, he said. I want to apologize to all the people who may have had confidence in me and whose confidence I betrayed. The prison term represented a steep fall for Waksal, who once rubbed shoulders with rock s
stanley cups uk tars and collected art, cutting a flamboyant figure in the mostly staid pharmaceutical industry. He pleaded guilty in October to six counts, including securities fraud, bank fraud, conspiracy to obstruct justice and perjury.Assistant U.S. Attorney Michael Schachter asked for a tough sentence, saying the 55-year-old Waksal told numerous, separate and distinct sets of lies surrounding his family s sale of ImClone stock.Stewart, a close friend of Waksal, was indicted last week on five federal counts mdash; including obstruction of justice, conspiracy and lying to investigators mdash; tied to her December 2001 sale of Euvc About 42% of Americans think astrology is scientific. It is not.
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