Martha Stewart to seek new trial; delays sentencing
Martha Stewart's sentencing has been delayed to allow her lawyers to seek a new trial. One of her lawyers says a motion will be filed later this week. Stewart was to be sentenced June 17th for lying about a stock sale. Sentencing is now set for July eighth. Stewart and her stockbroker, Peter Bacanovic, are expected to be sentenced to ten to 16 months in federal prison for lying about why Stewart sold her shares of ImClone Systems stock in late 2001, just before the price plunged. Stewart is expected to seek a new trial on grounds that one of the government's witnesses has been charged with perjury.