O’Connor, 66, of Preston Hollow, New York, and Waugh, 64, of Lynchburg, Virginia, each face seven counts of securities fraud and a conspiracy count. Lewis was charged with 16 counts of securities fraud and three counts of conspiracy. Lawyers for the pilots did not immediately reply to messages seeking comment. This advertisement has not loaded yet, but your article continues below. He and his lawyers declined to comment as they left court and hailed a yellow cab.
Wearing a gray three-piece suit, Lewis said, “Not guilty, your honor,” when asked for his plea. Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment,” Zornow said in a statement Tuesday. “The government has made an egregious error in judgment in charging Mr. “to answer these ill-conceived charges” and would fight them vigorously. Zornow, an attorney for Lewis, said his client had come to the U.S. And it’s against the law - laws that apply to everyone, no matter who you are.”ĭavid M. “Those folks then traded on that inside information - and made millions of dollars in the stock market - because, thanks to Lewis, those bets were a sure thing,” Williams said. Attorney Damian Williams, who announced the charges Tuesday night in a video, said Lewis was accused of “orchestrating a brazen insider trading scheme” that utilized his access to corporate boardrooms to feed inside tips to friends and lovers. All three must remain in the United States.
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