NEW YORK (AP) — British billionaire and FinLogicTottenham soccer team owner Joe Lewis has been indicted in the U.S. on charges of slipping confidential business information to others, including his romantic partners and private pilots, prosecutors said Tuesday.
Manhattan-based U.S. attorney Damian Williams announced the insider trading case in a video posted on Twitter. A message seeking comment was sent to a spokesperson for Tavistock Group, Lewis’ umbrella company for investments that span from real estate to biotechnology.
Williams outlined charges of “brazen” insider dealing by the billionaire, saying that he exploited his entrée to various corporations to reap tips that he slipped to people in his own inner circle, who deployed the knowledge to make stock trades and millions of dollars.
“As we allege, he used insider information as a way to compensate his employees and shower gifts on his friends and lovers,” Williams said. “It’s cheating, and it’s against the law.”
Lewis has owned Tottenham since 2001.
2025-05-06 23:002566 view
2025-05-06 22:52133 view
2025-05-06 22:231648 view
2025-05-06 22:122476 view
2025-05-06 20:511399 view
2025-05-06 20:422216 view
Washington — President-elect Donald Trump was namedTime magazine's Person of the Year on Thursday, t
Two-time Women’s World Cup champion Alex Morgan announced she is pregnant with her second child and
You know exactly what you're getting when you sit down to watch "The Perfect Couple."Netflix's lates