Stewart Settles SEC Case

August 7, 2006  by in UnCategorized   

By Home Furnishings Business in on August 2006 Martha Stewart has reached an agreement to settle her 5-year-old insider trading civil case with the Security and Exchange Commission, agreeing to pay a $195,000 fine and promising not to serve as director of a publicly held company for five years.

The agreement means that the home design and entertainment expert, who served a five-month term in federal prison after rejecting any plea bargain, appears to have put the long-running case behind her.

Stewart has a licensed line of furniture with Bernhardt, and was in High Point earlier this summer for a preview of her furniture introduction at October market.