The New York Post: Ex-banker who blamed dad guilty in insider trading case

A Manhattan federal jury rejected claims by a former high-flying Wall Street executive that he was in the dark about his dad’s illegal trading of several healthcare mergers the banker son was privy to.

A jury of five men and eight women found Sean Stewart guilty on all nine counts, including conspiracy to commit securities fraud and securities fraud.

Stewart, 35, faces a maximum of 165 years in prison, but he will likely be sentenced to under 10 years.

“I’m just devastated,” his mother Claudia said about the verdict.

Stewart, of the Upper East Side, took the stand in his own defense and tried to pin the whole crime on his dad, testifying under oath that while he shared confidential information about pending mergers with his dad, he didn’t know his pop was trading on them.

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