NOT A GOOD THING
Domestic diva Martha Stewart indicted on federal charges of securities fraud and obstruction of justice in a New York City court today. The charges carry a maximum penalty of 30 years in prison and a $2 million fine. She’s also facing civil charges from the SEC.
MORE MARTHA
Late Wednesday, Martha Stewart Omnimedia released a statement saying Stewart was relinquishing her post as the company’s chair and CEO effective immediately. She will remain the company’s chief creative director and a member of the board.
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