NEW YORK — Martha Stewart and her eponymous media company received a one-two punch Wednesday as criminal and civil charges were filed against her by the U.S. attorney’s office and the Securities and Exchange Commission, respectively.
The SEC suit charges her with insider trading stemming from her sale of ImClone Systems stock in 2001. Besides seeking financial penalties, the suit looks to bar Stewart from being a director of her or any company, and would limit her current executive duties as chairman and chief executive officer of Martha Stewart Living Omnimedia. An SEC official hinted, however, that the agency might be amenable to Stewart continuing her role as the company’s public face. “There’s no desire to do anything to unnecessarily harm [the company],” SEC regional director Wayne Carlin said at a press conference.
"You start one way as a baby, but why shouldn't you be able to choose your own path as opposed to culturally people telling you which way to go?" - Thom Browne at his men's spring 2018 show, where he celebrated gender fluidity. #pfw #wwdmens (📷: @delphineachard)
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)