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