Prosecutors Say Martha Lied
One of Martha Stewart Living's largest shareholders, ValueAct Capital Partners, was mum on the developments. George Hamel, a partner in the San Francisco-based investment firm, which has about a 9% equity stake in the homemaking diva's company, said the firm had no comment at this time. Hamel's partner, Jeffrey Ubben, is a director of Martha Stewart Living.
As of May 13, according to SEC filings, ValueAct owned 4.2 million shares. Click here to read a letter about this story.- Loading Comments...
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