Sam Waksal

Sam Waksal

businessman United States

Sam Waksal is a former American biotechnology entrepreneur who became widely known for his involvement in a high-profile insider trading case linked to his company, ImClone Systems. He was the CEO of ImClone when news broke that the FDA had rejected an important cancer drug, leading to a significant drop in the company's stock price. Waksal was convicted of insider trading and served over seven years in prison, and his case drew considerable media attention, particularly due to his connections with Martha Stewart, who sold her shares in ImClone shortly before the news became public.

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