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by Matthew Russell Lee, Patreon

SDNY COURTHOUSE, Dec 10 –   British billionaire Joseph Lewis, owner of the Tottenham Football Club, Tavistock, jets and yacht, was indicted and released on bail on securities fraud charges on July 26, 2023. Inner City Press was there and live tweeted, thread here.

On August 28, the assigned District Judge issued this: "counsel for Defendants Patrick OConnor and Bryan Marty Waugh alerted the Court to benefactor payments that could give rise to potential conflicts of interest.  To that end, by September 6, 2023, counsel for Defendants OConnor and Waugh shall submit a joint letter further describing the payment arrangements at issue here  (Signed by Judge Jessica G. L. Clarke on 8/28/2023)."

On September 6 counsel to Marty Waugh wrote in to say that yes, Lewis' Tavistock is paying them - but they promise to exercise independent professional judgment...

On January 24, 2024 Lewis pled guilty - with a deal that he will only not appeal if he gets no jail time. While the calculated guidelines in the plea agreement say 18 to 24 months, Lewis can appeal even a day of jail. We hope to have more on this. Afterward he left the SDNY courthouse covering his face, with a guard blocking photos. Thread

 Judge: Sentencing [no jail time in plea deal] set for March 28 at 3 pm, expedited at defendant's request

Then on January 30: "Sentencing set for April 4, 2024 at 3:00 p.m. Defendant's sentencing submission due two weeks prior to sentencing. Government's sentencing submission due one week prior to sentencing. Defendant continued released on bail."

On February 26, co-defendant pled guilty: "Change of Plea Hearing as to Patrick O'Connor held on 2/26/2024. Plea entered by Patrick O'Connor (2) Guilty as to Count 1,8. Plea accepted. PSR ordered. Sentencing set for May 29, 2024 at 11:00 a.m."

But the other co-defendant goes forward: "Defendant Bryan Marty Waugh (3) present. For reasons stated on the record, speedy trial time is excluded in the interest of justice between 2/26/2024 and 6/24/2024. Defendant continued released on bail."

On March 21 Lewis' lawyers put in his sentencing submissions, with redactions. For example: "the standard waiver of appellate rights will not apply to a sentence of imprisonment [REDACTION]."

He got no jail time. Then, "ORDER as to Patrick O'Connor. The Court intends to reschedule Patrick OConnors sentencing, currently scheduled for May 29, 2024, to a date after the conclusion of Bryan Marty Waugh's scheduled trial, which is expected to conclude on July 12, 2024. The parties are directed to meet and confer and to file a letter with potential dates for the sentencing by May 13, 2024 (Signed by Judge Jessica G. L. Clarke on 5/6/24)."

Now that trial is to be canceled: "ORDER as to (23-Cr-370-3) Bryan Marty Waugh. The Court has scheduled a change of plea as to Defendant Bryan Marty Waugh for Tuesday, May 14, 2024, at 3:00 p.m. in Courtroom 11B at 500 Pearl Street, New York, New York, 10007. SO ORDERED. ( Change of Plea Hearing set for 5/14/2024 at 03:00 PM in Courtroom 11B, 500 Pearl Street, New York, NY 10007 before Judge Jessica G. L. Clarke. )(Signed by Judge Jessica G. L. Clarke on 5/13/2024)."

On May 17, O'Connor's lawyers wrote in asking to put his scheduling on the calendar again, int the week of June 17 - so he might fly again.

On June 4, they wrote in to ask for a sentencing of probation for O'Connor. He got no jail.

And so on November 26 the US said it would normal asking for incarceration on co-defendant Marty Waugh for insider trading, instead it proposes no jail, but some home incarceration, on December 10.

On December 10, Waugh got no prison time but instead three years probation and a $25,000 fine.

The case is US v. Lewis, et al., 23-cr-370 (Clarke)

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