Why was Martha Stewart convicted?

Answer 1

Martha Stewart was convicted in 2004 primarily for charges related to insider trading. She was accused of selling shares of ImClone Systems based on non-public information she received from her broker, which led to her being charged with conspiracy, obstruction of justice, and making false statements. Ultimately, she was sentenced to five months in prison, followed by five months of home confinement and two years of probation. The case highlighted issues of corporate governance and ethics in business practices.