TODAY'S PAPER
Broken Clouds 53° Good Evening
Broken Clouds 53° Good Evening
Business

Feds, Brooks' lawyers, experts clash on forfeiture

David Brooks and co-defendant Sandra Hatfield at company

David Brooks and co-defendant Sandra Hatfield at company party in Miami in 2005. Photo Credit: Handout

Federal prosecutors, David Brooks' defense attorneys and the financial experts for both sides have been clashing all week over whether the convicted body-armor manufacturer has to forfeit as much as $138 million or as little as nothing of the $185.9 million he gained based on insider trading of his company's stock.

The hearing, which began Monday in federal court in Central Islip, was called...

To Continue...

Already a Newsday or Optimum customer ?

Get unlimited digital access $1 for 4 Weeks

$0.99/Week Thereafter

More news