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The judge said in a 25-page decision issued Monday morning that it was appropriate for him to consider all of the $275 million in profits and avoided losses made by Martoma and Cohen, his former boss. “This event of 15 years ago is … Gardephe said that while Martoma clearly was a good husband to his wife, Rosemary, a good father to his three children and a charitable person, there was also a darker side to his personality.Martoma had said that sentencing him to a long prison term would present an undue hardship on his wife, a nonpracticing physician, and their three children. DealBook Martoma, SAC Capital Ex-Trader, Gets 9 Years in Prison. Martoma’s lawyers argued that the Harvard episode was irrelevant to the insider trading case. Martoma, accused of enabling a quarter of a … He held up a folder he estimated to be about six inches thick, which he said represented the number of e-mails Martoma exchanged and received in a single day of work at SAC’s CR Intrinsic Investors in Stamford, Connecticut. Mathew Martoma, the former SAC Capital Advisors trader charged with carrying out one of the largest insider trading schemes ever, was expelled from Harvard Law School more than a decade ago for creating a false transcript of his grades, newly unsealed court documents show. Former SAC Capital portfolio manager Mathew Martoma’s insider trading trial was rocked by revelations last week that he’d been expelled from Harvard Law School in … To the untrained ear, Khuzami probably appeared to be speaking to no one in particular, just sending a general message to any would-be criminals out there that once the government got to their co-conspirators, it'd be all over. 12-cr-00973. He’s on trial for what the prosecution has called “the most lucrative insider trading scheme ever charged.” When ethics is just a word. His Stanford degree was voided following his conviction.The filing also included more than 100 letters of support for Martoma, of Boca Raton, Florida, who is married and has three young children. “He was framed,” said Lizzie Thomas of her son, Mathew, who was convicted in February by a federal jury in Manhattan. A term of nearly 20 years would be record for an insider trading conviction.NEW YORK (Reuters) - A prison sentence approaching 20 years would be an appropriate punishment for Mathew Martoma, a former SAC Capital Advisors LP fund manager convicted of insider trading, U.S. court officials said, prompting his lawyers to object strenuously.Eight SAC employees have been convicted of or pleaded guilty to insider trading charges. Lou Colasuonno, a spokesman for Martoma and his lawyers, issued a statement that said Martoma and his family "are devastated by the outcome" and plan to appeal. First of all, Martoma was named Ajai Mathew Thomas: He changed his name after all this unpleasantness went down. And since its track record of getting people to turn on their colleagues and in some cases, their best friends (see: Noah Freeman/Donald Longueuil, and these guys, and these guys, and this guy) really has been "remarkably successful," and since Martoma has a wife and two young kids and his whole life ahead of him, Khuzami and Co. probably assumed they had this one in the bag. "Gardephe, toward the conclusion of the nearly 90-minute proceeding, said, "The sums here are staggering, and the size of the punishment must be sufficient to deter others.