Appeals court upholds Martha Stewart conviction
Fri Jan 6, 2006 12:20 PM ET
NEW YORK (Reuters) - A federal appeals court upheld the conviction of Martha Stewart and co-defendant Peter Bacanovic on Friday but ruled that Bacanovic's sentence could be reviewed.
Stewart, the celebrity trend-setter and founder of Martha Stewart Living Omnimedia, served five months in prison for her March 2004 conviction.
A jury found her and Bacanovic guilty of conspiracy, making false statements and obstruction of justice for lying about a suspicious stock trade. The jury also found Bacanovic guilty of perjury.
Both were sentenced to five months in jail followed by a two-year period of supervised release, five months of which were to be served in home confinement.
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