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Martha Stewart Can’t Pay Her Legal Bills

Martha Stewart, who was released from a West Virginia prison two weeks ago, will be getting some help from the Big Brother paying her legal bills.

 


Martha Stewart, who was released from a West Virginia prison two weeks ago, will be getting some help from the Big Brother paying her legal bills.

In a Securities and Exchange Commission filing Wednesday, Martha Stewart Living Omnimedia Inc. said that Stewart was entitled to receive $3.7 million US for certain expenses related to her legal defense.

Last November, Stewart had asked the company she founded to reimburse her for her legal bills. A federal judge dropped that count before it went to a jury.

Stewart and her ex-stockbroker were later convicted of lying to investigators about why Stewart sold ImClone Systems Inc. shares in December 2001.

Late last year, the company and Stewart had agreed to submit the reimbursement claim to an "independent expert" to determine whether Stewart was entitled for any reimbursement.

Last week, Stewart, 63, was named for the first time to Forbes magazine's annual list of billionaires, with estimated wealth of $1 billion.

© The Canadian Press 
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