A federal judge in New York has defended a non-guideline prison sentence for a former business executive convicted of conspiracy and securities fraud, saying to rule otherwise would be a "travesty of justice." In May, District Judge Jed S. Rakoff sentenced Richard P. Adelson, the former president of Impath Inc., to 42 months in prison, rather than 85 years as prosecutors had suggested in papers. The government filed a notice of appeal, and the judge this month issued a memorandum explaining his decision.
July 31, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A federal judge in New York has defended a non-guideline prison sentence for a former business executive convicted of conspiracy and securities fraud, saying to rule otherwise would be a “travesty of justice.”
In May, Southern District Judge Jed S. Rakoff sentenced Richard P. Adelson, the former president of cancer diagnosis company Impath Inc., to 42 months in prison, rather than 85 years as federal prosecutors had suggested in papers. He also ordered $50 million in restitution.
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