June 12, 2002
Former ImClone CEO Sam Waksal Arrested

NEW YORK (Reuters) - Sam Waksal, the former chief executive of biotech firm ImClone Systems Inc. , has been arrested on insider trading charges, according to his spokesman.

"Sam Waksal was arrested at 6:30 a.m. this morning at his home. He was visited by four FBI ( news - web sites) agents," said Scott Tagliarino, Sam Waksal's spokesman.

Posted by tmonkey at June 12, 2002 09:46 AM
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