Westgate Capital’s Nicholson Sentenced to 40 Years
This article is for subscribers only.
Westgate Capital Management LLC founder James Nicholson was sentenced to 40 years in prison after pleading guilty to defrauding investors.
U.S. District Judge Richard J. Sullivan imposed the sentence at a hearing today in Manhattan. The government had requested a term of 45 years; Nicholson’s lawyers asked Sullivan to sentence him to 10 years.