Tottenham Owner Joe Lewis Indicted for Insider Trading in US
TL;DR
Joe Lewis, the billionaire owner of Tottenham Hotspur soccer team, has been criminally charged in New York for orchestrating an insider trading scheme. Prosecutors allege that Lewis passed tips about companies he invested in to friends, personal assistants, pilots, and romantic partners, allowing them to make millions in profits. Lewis, who founded the investment firm Tavistock Group, has been charged with securities fraud and conspiracy. His lawyer denies the charges, stating that Lewis is a man of integrity. Insider trading has been a focus of the U.S. Attorney's office, and Lewis is accused of passing nonpublic information about companies such as Mirati Therapeutics and Solid Biosciences.
Topics:sportsbusiness#business#criminal-charges#insider-trading#joe-lewis#securities-fraud#tottenham-hotspur
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