Comments on: New at Cato: case “never should have been prosecuted” https://www.overlawyered.com/2011/06/new-at-cato-case-never-should-have-been-prosecuted/ Chronicling the high cost of our legal system Mon, 13 Jun 2011 15:54:17 +0000 hourly 1 By: William Nuesslein https://www.overlawyered.com/2011/06/new-at-cato-case-never-should-have-been-prosecuted/comment-page-1/#comment-122714 Mon, 13 Jun 2011 10:28:48 +0000 http://overlawyered.com/?p=23352#comment-122714 The jury in the Martha Stewart case missed the forest for the trees. They started with the presumption that she did something wrong and tried to cover her tracks by lying to the Federal agent. They started with a presumption of guilt! Then they could not grasp that Ms. Stewart got rid of 85,000 of her 90,000 shares; and that she tendered her remaining 5,000 to a tender offer. Roughly 20% of her shares was accepted. That is why she had an odd number of shares when her broker’s assistant recommended that she sell.

She was prosecuted because Ms. Seymore wanted her head. There was no real evidence of Ms. Stewart doing anything wrong. It was a disgusting prosecution, and I am ashamed of my country for it.

]]> By: Chris Hoey https://www.overlawyered.com/2011/06/new-at-cato-case-never-should-have-been-prosecuted/comment-page-1/#comment-122691 Sat, 11 Jun 2011 16:58:43 +0000 http://overlawyered.com/?p=23352#comment-122691 As in the case of the former Secretary of Labor, Ray Donovan, where does Lauren Stevens go to get her reputation back?
The nameless, faceless bureaucratic hacks that perpetrated this travesty should be exposed to shame, if not keelhauled.

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