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☆ British billionaire Joe Lewis fined $5 million by U.S. judge for insider trading
▼ + stars: | 2024-04-04 | by ( ) www.cnbc.com time to read: +3 min

British billionaire and former owner of the Tottenham Hotspur Football Club Joe Lewis arrives at federal court for his sentencing in an insider trading case on April 4, 2024, in New York City. U.S. District Judge Jessica Clarke in Manhattan sentenced Lewis, who pleaded guilty in January to one count of conspiracy and two counts of securities fraud. Lewis in January entered a plea deal with prosecutors agreeing to a $50 million fine of his Bahamas company, Broad Bay. Under the agreement, Lewis' fine will be included in the total. Lewis has since remained in the country, posting $300 million bail secured by his yacht and a private aircraft.

Persons: Tottenham Hotspur Football Club Joe Lewis, Lewis, Joe Lewis, Jessica Clarke, Mr, Mark Herr, Prosecutors, Boxer Capital, Patrick O'Connor, Bryan Waugh Organizations: Tottenham Hotspur Football Club, US, Office, Southern, of New York, Tavistock Group, Aviva, London's Tottenham Hotspur, Boxer, Forbes, Prosecutors, Mirati Therapeutics, Boxer Capital, Tango Therapeutics Locations: New York City, U.S, Manhattan, London's, Bahamas, Broad Bay, London, New York

☆ Personal pilot for billionaire Joe Lewis pleads guilty to insider trading scheme
▼ + stars: | 2024-02-26 | by ( Dan Mangan | ) www.cnbc.com time to read: +1 min

Damian Williams, U.S. Attorney for the Southern District of New York, speaks during a press conference in New York City, Sept. 22, 2023. A personal pilot for British billionaire investor Joe Lewis pleaded guilty Monday to securities fraud related to the same insider trading scheme that Lewis admitted guilt in a month ago, federal prosecutors in New York said. The pilot, Patrick O'Connor, on multiple occasions, received material, nonpublic information about companies from Lewis that O'Connor then used to trade in shares of those firms, prosecutors said. Lewis is the principal owner of the Tavistock Group, a private investment firm, and controlled one or more board of director seats at companies in which he shared nonpublic information with O'Connor that the pilot then traded on, prosecutors said. Lewis, through a family trust, formerly controlled a majority ownership stake in the English Premier League soccer team Tottenham Hotspur.

Persons: Damian Williams, Joe Lewis, Lewis, Patrick O'Connor, O'Connor, Mirati Organizations: Attorney, Southern, of, Tavistock Group, English Premier League soccer, Tottenham Hotspur, Mirati Therapeutics, Manhattan U.S, Attorney's Locations: U.S, of New York, New York City, New York

☆ Billionaire Joe Lewis says he's 'embarrassed' by knowingly committing securities fraud after pleading guilty to the crime
▼ + stars: | 2024-01-24 | by ( Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +2 min

Read previewBillionaire Joe Lewis, who owns the Tottenham Hotspur English soccer team, pleaded guilty Wednesday to securities fraud in federal court in Manhattan. Mr. Lewis did not engage in improper trading in his own accounts,"Mark Herr, a spokesman for Lewis, later told BI. "His conduct should be viewed in the context of Mr. Lewis' long life of accomplishment and integrity," he added. Lewis faces up to 25 years in federal prison for each count of securities fraud. "Mr. Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court."

Persons: —, Joe Lewis, Lewis, Mark Herr, David M, Zornow, Mr, Grace Dean Organizations: Service, Tottenham Hotspur English, Business, Prosecutors, Bloomberg, Tavistock Group Locations: Manhattan, Bahamas

☆ British billionaire Joe Lewis pleads guilty to U.S. insider trading charges
▼ + stars: | 2024-01-24 | by ( ) www.cnbc.com time to read: +3 min

British billionaire Joe Lewis pleaded guilty to U.S. insider trading charges on Wednesday, and apologized to a judge for his conduct. Lewis, 86, pleaded guilty to one count of conspiracy to commit securities fraud and two counts of securities fraud, as part of an agreement with the U.S. Attorney's office in Manhattan. Addressing U.S. District Judge Jessica Clarke, Lewis said he knew at the time that what he was doing was wrong. Lewis was charged by federal prosecutors with 16 counts of securities fraud and three counts of conspiracy, for alleged crimes spanning from 2013 to 2021. While Lewis will not plead guilty to the other counts under the terms of his deal, Clarke said she may consider them for sentencing purposes.

Persons: Joe Lewis, David Zorno, Valerie Figueredo, Lewis, David Zornow, Jessica Clarke, Patrick O'Connor, Bryan Waugh, Clarke, Damian Williams Organizations: U.S, Tottenham Hotspur, Tavistock Group, Forbes, Aviva, Prosecutors, Mirati Therapeutics, BCTG, Tango Therapeutics, Manhattan U.S Locations: Manhattan, New York City, United States, New York , Florida, Georgia, Mirati

NEW YORK (AP) — British billionaire Joe Lewis, whose family trust owns the Tottenham Hotspur soccer club, pleaded guilty Wednesday to insider trading and conspiracy charges in New York. The 86-year-old businessman entered the plea in Manhattan federal court six months after he was charged in the case. U.S. Attorney Damian Williams said the plea deal includes the largest financial penalty for insider trading in a decade. Broad Bay Limited, which Lewis owns, will pay more than $50 million in financial penalties, the prosecutor said in a release. Federal sentencing guidelines call for a prison sentence of between 18 and 24 months, though Lewis can seek less than that.

Persons: Joe Lewis, Lewis, Damian Williams, —, Joseph Lewis, Williams, Forbes, Lewis ’, Picasso, Matisse, Degas, Woods, Ernie Els, Justin Timberlake, Prosecutors, Jennifer Peltz Organizations: Tottenham Hotspur, Broad, U.S, Premier League, Lewis ’ Tavistock Group, Associated Locations: British, New York, Manhattan, United States, oceanside

☆ Russell Brand's management agency terminates ties to him following sexual assault allegations
▼ + stars: | 2023-09-17 | by ( Mirna Alsharif | ) www.cnbc.com time to read: +3 min

Russell Brand's management agency terminated all professional ties to the actor and comedian after sexual assault allegations were published Saturday following a joint investigation by the Times of London, The Sunday Times and Channel 4 Dispatches. Four women have come forward with allegations against Brand that include rape, sexual assault and emotional abuse. The allegations against Brand were published Saturday following a joint investigation by the Times of London, The Sunday Times and Channel 4 Dispatches. The U.K. Metropolitan Police Service said they "are aware of the media reporting of a series of allegations of sexual assault." U.K. women's charity, Trevi Women, announced that they cut ties with Brand after the documentary aired on Channel 4 Dispatches.

Persons: Russell Brand's, Russell Brand, Brand, Russel Brand, — Organizations: Times, Sunday Times, Tavistock Wood Management Agency, TW, Tavistock Wood, Tavistock Wood's, Metropolitan Police Service, Brand, BBC, Trevi Women, Stay Free Locations: London, Tavistock

☆ BBC is 'urgently looking' into issues raised by Brand report
▼ + stars: | 2023-09-17 | by ( ) www.reuters.com time to read: +2 min

LONDON, Sept 17 (Reuters) - Britain's BBC said on Sunday it was "urgently looking into the issues" raised by allegations of sexual assault made against the broadcaster's former employee, British comedian and actor Russell Brand, who denies the accusations. Brand, 48, the former husband of U.S. singer Katy Perry, worked on BBC radio programmes between 2006 and 2008. A BBC spokesperson said in a statement: "The documentary and associated reports contained serious allegations, spanning a number of years. Russell Brand worked on BBC radio programmes between 2006 and 2008 and we are urgently looking into the issues raised." "Russell Brand categorically and vehemently denied the allegation made in 2020, but we now believe we were horribly misled by him," it said.

Persons: Russell Brand, Brand, Katy Perry, Tavistock Wood, Elizabeth Piper, Louise Heavens Organizations: BBC, Sunday Times, The Times, Trevi, Brand, London's Metropolitan Police, Thomson Locations: British, Los Angeles, London's

☆ Russell Brand denies ‘criminal allegations’ related to his ‘promiscuous past’
▼ + stars: | 2023-09-16 | by ( Dan Heching | ) edition.cnn.com time to read: +3 min

CNN —Russell Brand is defending himself against what he described as “very serious criminal allegations” related to his past. On Saturday, British outlets The Sunday Times, The Times and Channel 4 “Dispatches” published a joint investigation in which four women alleged Brand sexually assaulted them in separate instances between the years 2006 and 2013. One of the women said she was 16 and Brand was 31 at the time of the alleged assault in London. “I don’t mind them using my books and my stand-up to talk about my promiscuous, consensual conduct in the past,” Brand said. “What I seriously refute are these very, very, serious criminal allegations.”

Persons: CNN — Russell Brand, preemptively, ” Brand, ”, Brand, Tavistock Wood, “ Brand, “ Organizations: CNN, Sunday Times, The Times, TW, Police Locations: London, Los Angeles

LONDON (AP) — Books about the perilous state of our world, our food and our relationship with technology are in the running for Britain’s leading nonfiction book award, the Baillie Gifford Prize. Best-selling American author David Grann is nominated for the stirring seafaring yarn “The Wager,” while physician-writer Siddhartha Mukherjee is in the running with “The Song of the Cell.”British journalist Hannah Barnes is on the list for “Time to Think,” which charts the demise of Britain’s controversial Tavistock gender clinic for children. Founded in 1999, the prize recognizes English-language books from any country in current affairs, history, politics, science, sport, travel, biography, autobiography and the arts. It has been credited with bringing an eclectic slate of fact-based books to a wider audience. Last year’s winner was Katherine Rundell’s poet biography “Super-Infinite: The Transformations of John Donne.”

Persons: Britain’s, Baillie Gifford, longlist, John Vaillant’s, Chris van, Daron Acemoglu, Simon Johnson, David Grann, ”, Siddhartha Mukherjee, Hannah Barnes, Tania Branigan’s, Katja Hoyer’s, Katherine Rundell’s, “, John Donne Organizations: Prosperity, “ Locations: British, Tavistock, East Germany

NEW YORK, July 26 (Reuters) - British billionaire Joe Lewis has surrendered to U.S. authorities in Manhattan and is expected to appear in court later on Wednesday to face insider trading charges, a spokesperson for the U.S. Attorney's office in Manhattan said. Two of Lewis' pilots, Patrick O'Connor and Bryan Waugh, were also charged with insider trading securities fraud. Joe Lewis is a wealthy man," Damian Williams, the U.S. Attorney in Manhattan, said in a statement. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Separately on Wednesday, the U.S. Securities and Exchange Commission filed a civil insider trading case against Lewis, O'Connor, Waugh and Lewis' then-girlfriend Carolyn Carter.

Persons: Joe Lewis, Lewis, Patrick O'Connor, Bryan Waugh, David Zornow, O'Connor, Waugh, O'Connor texted, Mirati, Daniel Levy, Dylan Martinez, Damian Williams, Williams, Preet Bharara, Carolyn Carter, Carter, Gurbir Grewal, Luc Cohen, Jonathan Stempel, Chris Prentice, Chizu Nomiyama, Daniel Wallis Organizations: YORK, U.S, Tottenham Hotspur, Tottenham, Prosecutors, Mirati Therapeutics, Southampton Premier League, Reuters, Tavistock Group, Forbes, Attorney, U.S . Securities, Exchange Commission, SEC, Thomson Locations: British, U.S, Manhattan, United States, New York, Virginia

NEW YORK, July 25 (Reuters) - Joe Lewis, the British billionaire and owner of the Tottenham Hotspur soccer team, has been criminally charged in New York for orchestrating a "brazen" insider trading scheme. Joe Lewis is a wealthy man," U.S. Attorney Damian Williams said in a video on the X social media platform, formerly known as Twitter. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Prosecutors said that in some insider trading cases, Lewis lent money to recipients of his tips, including in Oct. 2019 when he wired $1 million to two pilots so they could buy more Mirati shares. Reporting by Jonathan Stempel and Luc Cohen in New York; Editing by Chris Reese and Lincoln Feast.

Persons: Joe Lewis, Lewis, Damian Williams, " Williams, Williams, Preet Bharara, Mirati, Boss, Marty, JPMorgan Chase, Jonathan Stempel, Luc Cohen, Chris Reese, Lincoln Organizations: YORK, Tottenham Hotspur, Prosecutors, U.S, Tavistock Group, Forbes, Therapeutics, Biosciences, Australian Agricultural, U.S . Securities, Exchange Commission, JPMorgan, Thomson Locations: New York, Tavistock, Bear Stearns

☆ Billionaire Joe Lewis has been charged with insider trading, with prosecutors saying he helped personal pilots, assistants, and romantic partners make 'millions'
▼ + stars: | 2023-07-26 | by ( Grace Dean | ) www.businessinsider.com time to read: +5 min

Tottenham Hotspur owner Joe Lewis has been charged by federal prosecutors with insider trading. The British billionaire passed information to his pilots, assistants, and romantic partners, an indictment says. In one case cited, Lewis is said to have lent his pilots $500,000 each to buy stock before insider information became public. British billionaire Joe Lewis has been charged by federal prosecutors with insider trading, with prosecutors saying that he passed information to personal pilots, assistants, romantic partners, and a friend he played poker with. According to the indictment, Lewis even gave his pilots $500,000 each in short-term loans so that they could buy stock before the news became public.

Persons: Joe Lewis, Lewis, Damian Williams, Williams, David M, Zornow, Mr, Mirati, couldn't Organizations: Tottenham Hotspur, Morning, Court, Southern, of, US, Bloomberg, Tavistock Group, English, Solid Biosciences, Australian Agricultural Company Locations: of New York, Bahamas, Argentina, Queensland, Tavistock, Mirati

Companies Mirati Therapeutics Inc FollowNEW YORK, July 26 (Reuters) - The British billionaire Joe Lewis pleaded not guilty on Wednesday to orchestrating what prosecutors called a "brazen" insider trading scheme by passing tips about companies in which he invested to friends, private pilots and a former girlfriend. Two of Lewis' pilots, Patrick O'Connor and Bryan Waugh, also pleaded not guilty to related insider trading charges, after being accused of making millions of dollars in illegal profit from Lewis' tips. British billionaire and Tottenham Hotspur owner Joe Lewis exits the United States Courthouse in Manhattan, following his appearance on insider trading charges, in New York City, U.S., July 26, 2023. Insider trading has long been a focus of Williams' office, dating to 2009 when a crackdown began under one of his predecessors, Preet Bharara. Separately on Wednesday, the U.S. Securities and Exchange Commission filed a civil insider trading case against Lewis, O'Connor, Waugh and Lewis' former girlfriend Carolyn Carter.

Persons: Joe Lewis, Lewis, Valerie Figueredo, Nicolas Roos, Patrick O'Connor, Bryan Waugh, David Zornow, O'Connor, Waugh, O'Connor texted, Mirati, Amr Alfiky Mirati, Prosecutors, Damian Williams, Williams, Preet Bharara, Carolyn Carter, Carter, Gurbir Grewal, Luc Cohen, Jonathan Stempel, Jody Godoy, Chris Prentice, Chizu Nomiyama, Daniel Wallis Organizations: Mirati Therapeutics, Tottenham Hotspur, Aviva, Tavistock Group, Forbes, Tottenham, Prosecutors, United, REUTERS, U.S, Attorney, U.S . Securities, Exchange Commission, SEC, Thomson Locations: British, Manhattan, United States, New York City, U.S, New York, Virginia, South Korea

☆ British billionaire Joe Lewis indicted on insider trading charges
▼ + stars: | 2023-07-25 | by ( Samantha Delouya | ) edition.cnn.com time to read: +1 min

CNN —British billionaire and owner of the Tottenham Hotspur football club Joe Lewis was indicted on insider trading charges by the United States Attorney’s Office for the Southern District of New York, the office announced Tuesday. In a video posted to social media, US Attorney Damian Williams accused Lewis of orchestrating a “brazen insider trading scheme” between 2013 and 2021, passing confidential trading tips to his “romantic partners, his personal assistants, his private pilots, and his friends,” helping them make millions of dollars. On other occasions, Lewis allegedly pressed his personal assistants and romantic partners to trade on the information he provided as soon as possible. Lewis is the majority owner of the Premier League football team, Tottenham Hotspur, and the founder of private equity company Tavistock Group, which invests in more than 200 companies across 13 countries, according to its website. Mr. Lewis has come to the US voluntarily to answer these ill-conceived charges, and we will defend him vigorously in court.”Neither Tottenham Hotspur nor Tavistock Group immediately responded to a request for comment.

Persons: Joe Lewis, Damian Williams, Lewis, ”, David M, Zornow, Tottenham Organizations: CNN, Tottenham Hotspur, United States Attorney’s Office, Southern, of, Bloomberg, Premier League football, Tavistock Group, Tavistock Locations: British, of New York

☆ Disney scrapping a $1 billion campus in Florida could screw over adjacent developers banking on it to build their own projects: report
▼ + stars: | 2023-05-29 | by ( Hannah Getahun | ) www.businessinsider.com time to read: +3 min

Disney's decision to scrap its $1 billion campus could affect projects nearby. CoStar Group told The Wall Street Journal that thousands of homes were built after Disney announced its campus in 2021. However, the development group that owns the land says that Disney's decision will not affect it. Hundreds of employees set to work at the new campus had already moved to Lake Nona before Disney announced they would be abandoning the plan. They also told the Journal that 95% of the multifamily housing at Lake Nona is currently being occupied.

The UK government has promised to overhaul the youth gender care system, after it was deemed inadequate by England’s regulator of health and social care. They described a deeply flawed system that is now hobbled by a toxic political climate around gender care. The letter said a decision would be made at some point from early 2022 on whether the child “is likely to meet the access criteria” for gender care. The family has received no NHS gender care or mental health support since the referral, she said. These recommended supporting “identity exploration” and mental health treatment as the first steps to ensure that any psychological issues are addressed.

☆ Exclusive: NHS drafts stricter oversight of trans youth care
▼ + stars: | 2022-10-14 | by ( Jennifer Rigby | ) www.reuters.com time to read: +5 min

The guidelines are part of a wide-ranging review of treatment for young transgender people seeking NHS care. It was briefly uploaded to the NHS England website at the end of September, with plans for a 45-day public comment period, but later removed. "No-one should be purchasing illegal, unknown and potentially life-threatening drugs online," said NHS England medical director Dr Stephen Powis in a statement earlier this week. The drugs used in the UK are prescribed "off-label," which means they are not licensed for gender care. A lack of long-term scientific evidence around how to help transgender youth has contributed to a highly politicised fight in many countries.

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