In 2004, Stewart’s status suffered a success when she was convicted on a number of felony fees. She spent 5 months in a minimum-security jail, adopted by 5 months of dwelling confinement.
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In July 2004, Stewart was discovered responsible of 1 rely of conspiracy, two counts of creating false statements, and one rely of obstruction of company proceedings, and he or she spent 5 months in a minimum-security jail, adopted by 5 months of dwelling confinement. She was additionally fined $30,000.
The costs stemmed from an incident in December 2001: After receiving data that was not publicly accessible, she offered off her ImClone Techniques shares a day earlier than their worth plunged, avoiding a lack of greater than $45,000, in keeping with the US Securities and Change Fee. Prosecutors stated she later lied about receiving the tip-off, in keeping with an Related Press report.
In 2017, she known as the expertise of jail a “very, very terrible factor.”
“It is not expertise and it does not make you stronger. I used to be a robust individual to start out with and thank heavens I used to be. And I can nonetheless maintain my head up excessive and know that I am fantastic,” she advised Katie Couric on the host’s podcast in 2017.
Stewart was the butt of jokes on late-night exhibits like “Saturday Night time Reside.”
Nonetheless, her sentence had a shocking monetary impact whereas she was serving her time — she even grew to become a billionaire once more, in keeping with Forbes. Nonetheless, the corporate’s inventory fell by 40% shortly after she was launched and he or she misplaced the title once more.