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Keyword: wachsalsam

Waksal gets 7-plus years [From the White House to the Big House]

06/10/2003 10:14:31 AM PDT · by trickydick62 · 26 replies · 198+ views
cnnmoney ^ | June 10, 2003

<p>NEW YORK (CNN/Money) - Former ImClone Systems CEO Samuel Waksal was sentenced to just over seven years in federal prison and ordered to pay $4.3 million in fines and restitution Tuesday for his role in an insider trading scandal.</p> <p>Waksal, right, arrives at federal court Tuesday. Waksal, appearing before U.S. District Court Judge William Pauley in New York, became the first chief executive to be sentenced in the wave of scandals that have rocked corporate America over the past two years.</p>

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