Billionaire Joe Lewis Pleads Not Guilty in Insider Trading Case

British Billionaire Joe Lewis, who controls Tottenham Hotspur soccer club, appeared in a New York court to face charges that he gave lucrative, and illegal, trading tips to staff on his superyacht, private jet pilots and girlfriends.

The 86-year-old entered a not guilty plea to insider trading charges at a hearing Wednesday afternoon, hours after he turned himself in to US authorities. Two of his pilots also pleaded not guilty at the proceeding.

Lewis, who has a net worth of $6.6 billion according to the Bloomberg Billionaires Index, is the latest figure to be swept up in an insider-trading ...