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Court was suspended Wednesday because of a snowstorm Stewart and Bacanovic say they had a prior plan to sell when the price fell to $60 Judge Postpones Stewart Witness Testimony Jan 29, 12:29 PM EST A federal judge Thursday postponed the testimony of the government's star witness against Martha Stewart after defense attorneys accused prosecutors of withholding information about the circumstances of the stock sale at the heart of the case Moschetta's testimony was part of the government's effort to show that Bacanovic broke firm policy by passing information about one of his clients, Waksal, to Stewart The discussion came after Cedarbaum ordered the government late Wednesday to turn over Gutman's notes to lawyers for Stewart and Bacanovic Strassberg said he had just received the information Wednesday night, and that it was inconsistent with the government's theory â€â€? that Bacanovic ordered Faneuil to tip Stewart Also on Thursday, Luciano Moschetta, a Merrill compliance officer, testified for a second day about privacy rules the brokerage requires its financial workers to follow Gutman's FBI statement said that Gutman was unsure whether Bacanovic, Stewart's co-defendant, or ImClone Systems founder Sam Waksal had asked Faneuil to tip Stewart that the Waksals were selling ImClone shares on Dec District Judge Miriam Goldman Cedarbaum denied that request 27, 2001, because of a tip that the Waksal family was selling its shares S 27, 2001, Strassberg said in Manhattan federal court Strassberg also sought to have the charges against Bacanovic thrown out altogether, but U The government claims Stewart sold 3,928 shares of ImClone on Dec The judge postponed the testimony after Richard Strassberg, the lawyer for broker Peter Bacanovic, said doubts were raised by a 2002 FBI statement given by Jeremiah Gutman, the former lawyer of Douglas Faneuil, the star witness Stewart and Bacanovic were hoping to use the notes to find material to damage Faneuil's credibility "Gypsy," starring Bernadette Peters, and "Never Gonna Dance," a homage to the 1936 Fred Astaire-Ginger Rogers film "Swing Time," will both close before the end of the month, done in by declining box-office receipts and frigid weather For the week ending Feb The show, which stars Noah Racey and Nancy Lemenager in what are the Astaire and Rogers roles, has struggled at the box office ever since opening Dec The weather particularly staggered several veteran musicals, with "42nd Street," "Rent," "Beauty and Beast" and "Aida," all playing to less than 50 percent capacity for the week ending Feb There were a few bright spots "Never Gonna Dance" has a new book by Jeffrey Hatcher and features the music of Jerome Kern, including such standards as "The Way You Look Tonight," "A Fine Romance" and the title song In a statement, the producers of "Never Gonna Dance" said the show "has not been able to build an audience and survive the devastating industrywide impact of the current record-breaking cold weather "The Lion King" "Mamma Mia!" and "Hairspray" slipped a bit, but all three managed to reach more than 80 percent capacity "Dance" will close one week after "Taboo," the Boy George musical produced by Rosie O'Donnell, which had announced last month that it will fold Feb "The Producers," with Nathan Lane and Matthew Broderick headlining, sold out, doing its customary $1 million-plus business " The revival of "Gypsy," which features Peters as the domineering mother of stripper Gypsy Rose Lee, folds Feb "The wet and cold weather has not helped anything in New York, whether it is the restaurants, the retailers or the theater 1 28 at the Shubert Theatre after 347 performances, while "Never Gonna Dance" calls it quits Feb 8 1, it grossed $360,035, about $140,000 below its weekly break-even point "The winter is always a difficult time for shows that don't come out of the Christmas season quite as strongly as they would like," Jed Bernstein, head of the League of American Theatres and Producers, said Monday " Broadway was particularly hard hit last week when a big snowstorm hit New York Tuesday Jan 15 after only 84 performances 4 to mostly mixed reviews 27, the evening before a two-performance day "Gypsy," which reportedly has recouped only about 40 percent of its investment, opened last April to generally positive notices Broadway's Chilly Season Claims Two Shows Feb 2, 5:31 PM EST New York's chilly winter season has claimed two big Broadway musicals and hurt several long-running shows 1, the musical grossed $242,002, filling only 41 percent of the seats at the Broadhurst Theatre For the week ending Feb |
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