FILE - British billionaire Joe Lewis leaves, center, Manhattan federal court, Wednesday, July 26, 2023, in New York. Lewis, whose family trust owns the Tottenham Hotspur soccer club, is set to be sentenced Thursday, April 4, 2024, after pleading guilty to insider trading and conspiracy charges in New York. Prosecutors say in court documents that his age, medical issues and willingness to come to America to face criminal charges have earned him leniency..
They cited his acceptance of responsibility that he demonstrated by voluntarily surrendering rather than forcing a drawn-out extradition battle, and said that he'd “otherwise lived a law abiding life.” They said Lewis, if he received no prison time, will immediately leave the United States knowing that his conviction will mean he can't return to see his children, grandchildren and great-grandchildren, who live in the U.S.
“This insider trading was not the result of aberrant, one-time conduct, but rather, a troubling pattern of misconduct over the course of several years,” they wrote.