MARTHA STEWART
INSIDER TRADING CASE
Since she was a young woman, Martha Stewart learned a strong work ethic, from her parents, which became key for her success in her life. From her mother she learns how to cook and sew, later she learned the processing of canning and preserving from her grandparents, from her father she learned gardening. In 1967 she become a stockbroker and was very successful until 1973 when she quit, because of rumors of a scandal involving the furniture company where Martha worked. Several Principals at the firm allegedly received “kick-backs” for selling stocks in the financial-troubled company. Stewart and her husband move to Connecticut and bought an 1805 farmhouse, which later became the model for the set of Martha Stewart Living television program. In 1976 Stewart started a catering business in her basement with a friend, which became successful. Later, Martha Stewart bought her friends portion of the business. Shortly afterwards she was hired as manager of Gourmet Food Store, The Market Basket which she transform into a success. In 1977 her husband became the president of a publisher company and contracted Martha Stewart Company’s to cater for a book release party. The publisher was impressed with her and assisted her in developing a cookbook. The book Entertaining, became the best seller book at the time. During 1984 she publishes few more books, authored newspaper columns and magazines articles. In 1990 her magazine of which she was editor and chief. She started a weekly TV program in 1993. In 1997 she purchase everything related to the Martha Stewart brand’s, and consolidated into a new company “Martha Stewart Living Omnimedia”, where she serve as chairman, ...