Deals
Father of Perella Weinberg's Sean Stewart Gets Probation
- Robert Stewart pleaded guilty to insider trading conspiracy
- Sean Stewart faces July trial in alleged $1 million scheme
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The father of former Perella Weinberg Partners LP investment banker Sean Stewart avoided prison for his role in an insider-trading conspiracy that netted more than $1 million in profits.
Robert Stewart, 61, was sentenced Wednesday to four years’ probation, including one year of home detention and 750 hours of community service. Under a plea agreement with the government, he’ll forfeit the $150,000 he made from the scheme.