April 4, 2024 – 8:34 AM PDT
NEW YORK (Reuters) – British multibillionaire Joe Lewis is scheduled to face sentencing in a U.S. court on Thursday for illegally sharing stock tips he gleaned through his investments.
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Federal sentencing guidelines call for a prison sentence of up to two years, but prosecutors in Manhattan and his attorneys have urged leniency for the 87-year-old, given the investment firm founder’s health and his admission of guilt in January.
The guidelines do not bind U.S. District Judge Jessica Clarke, who will hand down a sentence based on a range of factors including Lewis’ personal history, the…
