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Martha Stewart to argue jail may hurt jobs

Lawyers for Martha Stewart plan to say that a prison sentence for the domestic trendsetter could harm her company and lead to lay-offs of some of its 500 employees, the Wall Street Journal said on Monday.
/ Source: Reuters

Lawyers for Martha Stewart plan to say that a prison sentence for the domestic trendsetter could harm her company and lead to lay-offs of some of its 500 employees, the Wall Street Journal said on Monday.

Stewart's lawyers will cite a 1995 decision that avoided jail time for a corporate executive because he was considered a crucial figure in his company, the Journal said, citing a person familiar with the matter.

Martha Stewart was forced to resign as an officer and board member of her company after she was convicted in March of lying to investigators about a personal stock sale.

Stewart, who built an empire out of her flair for cake decorating, gardening and crafts, last week lost a bid for a new trial. She is scheduled to be sentenced in June and faces possible prison time.

A representative of Martha Stewart Living Omnimedia and a lawyer for Martha Stewart were not immediately available to comment to Reuters.