Douglas Faneuil, a broker's assistant who handled Martha Stewart's controversial sale of 3,928 shares of ImClone Systems stock, was facing potential felony charges carrying years in prison when he hired Marc D. Powers of Reed Smith. With more than 20 years under his belt dealing with the securities industry and the multiple agencies regulating it, Powers will stand by as Faneuil delivers what is expected to be the key testimony against Stewart.
January 16, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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