SEC Says Court Entered Penalties in Lewis Insider Trading Case

The US Securities and Exchange Commission announces entry of final consent judgments in a 2023 case involving British billionaire Joe Lewis, his then girlfriend and two private pilots accused of using insider information to make stock trades.

• The SEC sued Lewis in July 2023, alleging he passed on non-public tips to then girlfriend Carolyn Carter and pilots, Patrick O’Connor and Bryan Waugh
• Agency says Lewis agreed to pay more than $1.6 million in penalties and the court entered a final judgment against him in November 2024; Carter, without admitting or denying the claims, agreed to pay more than $500,000 ...