Tipster's Girlfriend Gets Probation In Life Time Fitness Plot

Law360, Chicago (February 21, 2019, 7:41 PM EST) -- A woman who admitted to helping her boyfriend and others facilitate an insider trading scheme before Life Time Fitness Inc. was taken private was sentenced Thursday to time served plus probation for her role in the ploy.

U.S. District Judge Matthew Kennelly told Chasity Clark, who the government called one of the least culpable individuals in the case, that while insider trading is a serious crime, he thought the 45 days she spent in custody while getting extradited from Mexico was “enough time” for her to have spent behind bars before serving one year of supervised release and paying a $4,000...

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Illinois Northern

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September 28, 2017

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