Peter Bacanovich
Peter Bacanovich was a stockbroker at Merrill Lynch who played a central role in the insider trading scandal involving Martha Stewart. He was the broker who allegedly advised Stewart on her sale of shares in ImClone Systems, which led to legal scrutiny and charges against both him and Stewart. Bacanovich was suspended from Merrill Lynch during the investigation and became a key witness in the trial, where his testimony contributed to Stewart's conviction on charges of conspiracy and obstruction of justice.
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Peter Bacanovich was Martha Stewart's broker who faced scrutiny during the insider trading investigation.
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